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GOP PRESIDENTIAL CANDIDATES SUPPORT GUTTING, PRIVATIZING AND DISMANTLING SOCIAL SECURITY

September 12, 2011 at 8:31 P.M.

Here we go again… The Republicans candidates continue their attacks on Social Security while attempting to convince Americans they’re simply being “honest.”  But their recent rhetoric can’t hide their long-held opinions on this program that millions of American seniors depend on. With one candidate calling it “a Ponzi scheme” and another embracing privatizing it, it’s clear that the Republicans plans for Social Security would leave our seniors’ future subject to the whims of the stock market. If these candidates want to be honest, they should simply admit they’re lock step in supporting what the Tea Party wants, regardless of the impact on Americas’ seniors.

 

MITT ROMNEY SUPPORTS PRIVATIZING SOCIAL SECURITY

Romney: President Bush "Said Let's Have Private Accounts And Take That Surplus Money That's Being Gathered Now In Social Security And Put That Into Private Accounts. That Works." [Fox News Republican Presidential Debate, 10/21/07]

Romney: "Personal Accounts Would Be A Big Plus." [Union Leader, 6/7/07]

Romney Touted Social Security Privatization, Adding “I Also Like The Fact The Individual Retirement Accounts Would Encourage More Americans To Invest In The Private Sector That Powers Our Economy.”  [Romney, No Apology, Pg. 160]

 

ROMNEY ATTACKED THE GOVERNMENT FOR “EFFECTIVELY DEFRAUDING” AMERICANS OUT OF THEIR SOCIAL SECURITY

Romney: “To Put It In A Nutshell, The American People Have Been Effectively Defrauded Out Of Their Social Security.” [Romney, No Apology: Believe In America, Pg. 172]

Romney: If Bankers Invested Your Money The Same Way Government Invested Your Social Security “They Would Go To Jail.” [Romney, No Apology: Believe In America, Pg. 172-173]

 

RICK PERRY HAS CALLED SOCIAL SECURITY AN “PONZI SCHEME,” A “FAILURE,” AND UNCONSTITUTIONAL

Perry Said Again At The GOP Debate Last Week That Social Security Is A “Ponzi Scheme." [California Republican Primary Debate, 9/8/11]

Perry Wrote, “By Any Measure, Social Security Is A Failure.” [Perry, Fed Up!, 62]

Perry: Americans Have Been “Forced To Accept” Social Security “At The Expense Of Respect For The Constitution.” [Perry, Fed Up!, 50]

Perry: “By Far The Best Example” Of A Program “Violently Tossing Aside Any Respect For Our Founding Principles Of Federalism And Limited Government” Is “Social Security.” [Perry, Fed Up!, 48]

 

MITT ROMNEY AND RICK PERRY SUPPORTED TEA PARTY ECONOMIC PLAN THAT WOULD GUT SOCIAL SECURITY

Romney: “I Am For Cut, Cap And Balance.” [Washington Post, 6/29/11]

In An Op-Ed, Gov. Perry Wrote That He Was "Proud To Have Signed The ‘Cut, Cap And Balance Pledge.’" [Washington Post op-ed, Govs. Perry & Haley, 7/14/11]

Michele Bachmann Signed The Cut, Cap And Balance Pledge. [Cut, Cap And Balance, accessed 8/4/11]

Huntsman Said The Debt Crisis Was An Opportunity To Cut Spending And Find A Pathway Toward A Balanced Budget Amendment. [Salt Lake Tribune, 7/16/11]

  • Huntsman Supported A Cap On Government Spending. [Deseret Morning News, 6/13/04]

The Balanced Budget Amendment, Without Revenues Being On The Table, “Would Necessitate Deep Cuts In Social Security, Medicare, And Medicaid.” [Center on Budget and Policy Priorities, 7/16/11]

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