Do you support allowing a portion of the money currently withheld for Social Security to be put into private accounts? Why or why not?
No, I do not support the privatization of Social Security. I opposed President Bush s privatization scheme because it would have undermined -- not strengthened - Social Security. We should not add greater risk or debt to the system. Otherwise, workers who contribute to the Social Security System may face the prospect of inadequate benefits when they retire or if they become disabled if their investments go sour. Workers have lived up to their end of the bargain. Surely, the federal government can do the same. Social Security is one of the most important government programs ever created; it provides a vital safety net to millions of seniors and Americans with disabilities. The long-term problem with this program is real but manageable. With a little genuine bipartisan leadership, we can make the necessary adjustments without gutting the system with privatization, as President Bush has proposed.
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