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The main thrust of the Social Security reform was to get the benefit structure in line with the realities of the Trust Funds.
The women who pass away before they receive Social Security, for them this is nothing but a tax from which they or their family will never receive a benefit.
If a woman did not work and have the opportunity to save and invest on her own throughout her lifetime, she is often totally reliant on her family and Social Security for her retirement years.
I am on record as saying that we need to put more money into the Social Security Trust Fund. That's part of my commitment to raise taxes on the wealthy.
I think Social Security should be bipartisan and it should transcend the next election, and you should get the best ideas of the Democrats and of the Republicans, and move forward with the best.
No matter what federal program one selects - Social Security, Medicare, Medicaid, the drug war, the income tax and the IRS, education, foreign interventions and wars - they are all a giant mess.
Ultimately I think what people care about, particularly on an issue like Social Security, is not really what's right and what's left but what's right and what's wrong.
I think we need to make sure that we are putting Social Security on a sustainable path. It's absolutely something that the federal government is going to be involved in, in the future.
No one is talking about restructuring Social Security or Medicare for current retirees or for those that are near retirement. For those under 55, the answer is let's talk about it.
[The US] budget is dominated by the retirement programs, Social Security and Medicare - loosely speaking, the post-cold-war federal government is a big pension fund that also happens to have an army.
The rate of return on Social Security for people nearing retirement is about 1.5 percent. By the time young children like mine are ready to retire, that rate of return will be a negative percentage.
No matter what politicians promise, Social Security reform will not change the fact that your money is taken from your paycheck and sent to Washington, where it will be spent.
Now, Social Security through the years, for many many people, has been a terrible investment. It's really a tax, that's all it is. Social Security is a tax.