Issue Position: Social Security

Issue Position

Social Security is a guaranteed benefit that millions of Americans rely on, and it is a critical form of income for retirees, disabled workers and survivors of deceased workers. Today, 92 percent of Americans over 65 receive Social Security retirement or spousal benefits. Regrettably, the Social Security benefits for today's retirees and future generations are under attack.

"I believe we should strengthen and preserve Social Security," explains Congressman Lynch. "Social Security has allowed generations of retirees to live with independence and dignity. American families work hard and pay into the system, and they should be able to count on Social Security when they retire."

Congressman Lynch opposes the Republican plan to privatize Social Security, which will reduce benefits for future retirees while needlessly draining trillions of dollars from the Social Security Trust Fund. Social Security actuaries have estimated that over a trillion dollars may be necessary to pay the transition costs of adding private accounts. Every dollar that goes into a private account will no longer be available to pay to current retirees. Therefore, Congressman Lynch intends to fight any attempt that would undermine the stability of Social Security and remains strongly committed to providing middle-class families with the tools they need to achieve retirement security.

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