The Social Security Trust Fund has provided all working Americans financial support in their old age since President Franklin D. Roosevelt made it the center of his New Deal over 70 years ago. Unlike any private investments, Social Security provides inflation-proof income for life, furnishing millions of older Americans a crucial safety net. I believe we must strengthen Social Security over the long term, but sound analysis shows that we have time to get it right.
Calls for privatizing Social Security have been silenced by the recent volatility in the stock market. We must work together to protect what Americans have come to depend on in retirement so that future generations continue to count on Social Security in their retirement.
01/30/07 - H.R. 732, To amend title II of the Social Security Act to reduce from 10 to 5 the number of years of marriage prior to divorce required for a divorced spouse to be eligible for benefits under such title
03/01/05 - Shiller Analysis of Lifecycle Accounts