Issue Position: Social Security

Issue Position

Social Security is a promise we have made to each other that no one who has worked hard will ever be left out in the cold. I will fight to make sure that Social Security is always there to support retirees and to prevent it from being put at risk by reckless schemes like privatization.

In 12 years in the financial services industry, I saw bubbles burst and markets crash as a result of defaults on debt by foreign governments, currency speculation, or uncertainty in the credit markets. Social Security is too important to be exposed to that sort of risk. People also need better options for saving for their own retirement, above and beyond the basic promise of Social Security. I support expansion of IRAs, 401(k), and SEP programs that provide tax breaks for saving responsibly for retirement.

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