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November 01st, 2005Congressional Quarterly Calls S4 Fighters
November 01st 12:34:54 PM
From the social security choice blog:
"The GOP's Three Social Security Camps
CQ.com ($) has an interesting article about how the GOP is divided
into 3 groups when it comes to Social Security reform. They are the
Faders, Fighters, and Fixers.
The Faders include GOP leadership and interest groups loyal to the
White House who just want the issue to go away...for now. The Fixers
include members of Congress and interest groups who are either
opposed to personal accounts or could live without them, but still
want some kind of reform. That leaves the Fighters:
This groups says Congress is still capable of enacting personal
investment accounts - or see political gain in mounting
confrontations with the Democrats on this issue. The faction also
includes some groups that oppose the Bush plan but want to keep it
alive for the campaign.
In Congress: Sens. Rick Santorum of Pennsylvania, Jim DeMint of South Carolina and John E. Sununu of New Hampshire; Reps. Bill Thomas of
California, Jim McCrery of Louisiana, E. Clay Shaw Jr. of Florida and Paul D. Ryan of Wisconsin.
Interest groups: Cato Institute, Heritage Foundation, Club for
Growth, Freedom Fund, Students for Saving Social Security, Americans
United to Protect Social Security, labor unions, National Committee
to Preserve & Protect Medicare and Social Security.
Call me biased, but I like this last group the best"
Posted by Chris Schrimpf| Comments (1)
The Washington Post weighs in on the need for reform
November 01st 12:15:38 PM
"Starting 12 years from now, pensions will cost the government more than it collects from the payroll tax that's supposed to finance them. This shortfall, coupled with the much larger drain from Medicare, threatens to consume resources needed for other government functions. It is unsustainable."
Posted by Chris Schrimpf| Comments (0)
October 31st, 2005Another Day, Another Call for Reform
October 31st 03:17:31 PM
Halloween may be more than just any other day, but to concerned young Americans, it's just another day that we don't have control over our future. S4 Member Ryan Lynch got published in the Houston Chronicle today, pointing out that Social Security reform has been an issue that needs to be resolved for the last twenty years. Read his letter here.
Posted by Chris Schrimpf| Comments (0)
A Very Scary Halloween
October 31st 03:07:08 PM
This maybe the scariest Halloween ever. Another year has passed without reform, costing American taxpayers billions of dollars. Congress may be spooked of tackling Social Security reform, but luckily the American people are here to hold their hand and let them know that reform is nothing to be scared of. That monster you're afraid of named AARP, is just concerned retirees. Let them know that their benefits are safe, and you're just securing the future for their grandchildren, and they'll become your biggest asset. We know because we've talked to them about the importance of reform for our generation, and they've understood. Congress, stop playing tricks on us and give us the treat of ownership and choice.
Posted by Chris Schrimpf| Comments (1)
October 28th, 2005Why Stop at Social Security Reform?
October 28th 04:40:51 PM
As S4 works hard in Washington and around the country to advocate for Social Security reform, some policy wonks have taken the next logical step. If ownership and choice is good for retirement, doesn't it make sense for other aspects of American society? What other issues can be solved through the use of empowerment policies that give Americans more control over their lives? Scholars at the American Institute for Full Employment have introduced the 7.65% solution to solving both Social Security and Medicare. It is worth a read for all politicians, policy wonks, and lovers of freedom, empowerment and ownership.
Posted by Chris Schrimpf| Comments (3)
On the Ownership Society
October 28th 04:31:34 PM
"The most powerful step toward an ownership society would be Social Security Reform. It would change the average American's largest tax, into their largest savings account. As far as pragmatic and empowering policy goes it doesn’t get much better than that.
Americans would have control over their retirement and Congress could no longer raid the Social Security trust fund to pay for their massive spending habits. What’s more when you die, you control who gets what's left of your account. It doesn't go back to Congress to spend because you own it. It came from your forty years of hard work."
Read the whole Op-Ed
Posted by Chris Schrimpf| Comments (4)
October 26th, 2005Quiz Yourself
October 26th 02:34:40 PM
Take our quiz and find out how much you know about Social Security!
Posted by Marco Zappacosta| Comments (0)
SS reform -- Alive and Kicking!!!
October 26th 01:26:50 PM
Some in the media falsely claim reform is dead. Once again, President Bush set the record straight.
Courtesy of the official White House site.
We also need to confront the long-term problems confronting our entitlements. If this country wants to stay competitive throughout the 21st century, we have got to do something about Social Security and Medicare. As you know, I brought up the -- (applause.) They told me not to talk about it when I first got up here. (Laughter.) But I've been talking about it ever since I've been running for President and since I've been the President because I believe the job of a President is to confront problems and not pass them on to future Presidents and future Congresses. (Applause.)
And we've got a problem. It starts with the fact that baby boomers like me are getting ready to retire. It just so happens I turn 62 in the year 2008, which is quite convenient. (Laughter and applause.) And there's a lot of me. I'm getting -- (laughter) -- a lot of people like me. (Laughter.) I mean, there are millions and millions of baby boomers relative to the folks that are going to be paying for my retirement and your retirement. The system is going broke. You know, I give a lot of speeches and look out in the audience and see people working hard to pay their payroll taxes, and they're paying payroll taxes into a system that's just not going to be around unless we do something about it.
And so I've made some proposals to the Congress, proposals that work with how fast benefits will go up, proposals that said if you're in the -- a poor American, nothing is going to change for you; if you're a wealthy American, your benefits will grow, but at a slower rate.
We also have a fantastic opportunity as we strengthen and modernize Social Security to allow younger workers, if they so choose, to put a part -- some of their own money in a personal savings account so they can take advantage of the compound rate of interest; a personal savings account they get to call their own, asset-base the government can't take away, an asset base that somebody can pass on to whomever he or she chooses.
Part of our mission has got to be to encourage ownership in America. And one way to spread ownership throughout our society, into neighborhoods where some may not own anything, is to allow them to save some of their own -- their choice -- in a personal savings account as part of Social Security reform. (Applause.) I'm going to continue to talk to the American people on this issue, and insist that Congress do the right thing and work together to save Social Security.
Posted by Adam Cahn| Comments (3)
Making News
October 26th 10:30:24 AM
S4 Member Shawn McCoy was recently profiled in the Sunday edition of the Daily Jeffersonian. Way to go Shawn! Ryan Lynch continues to do amazing writing on Social Security, his latest appears in the Emory Wheel. Keep up the great work!
Posted by Chris Schrimpf| Comments (0)
October 25th, 2005YUMMMMY! S4 Cookie Jar Award
October 25th 03:45:38 PM
Shawn McCoy, S4's Outreach Director and campus chapter leader for Notre Dame was recently in DC and met with Congressman Chocola, from the 2nd district in Indiana, the district where Notre Dame is located. Representative Chocola is a member of the influential House Ways and Means committee and is also a supporter of Social Security reform, believing that a good initial step in the process would be to pass legislation for GROW accounts.
The Representative was presented with one of our delicious S4 Cookie Jars. It is an S4 way of thanking him for working to stop the raid on the Social Security 'cookie jar'. We want to encourage members of Congress to raid the cookie jar as much as they want, just not the trust fund!!
It is our goal to recognize and thank leaders who are already trying to stop the raid, while at the same time, encourage leaders who have not stepped up, to take action on the issue of Social Security reform.
Posted by Evan Dent| Comments (3)
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