Rep. Frank Pallone, Jr (D-NJ), says the President and Vice president will make the funding problems worse because of their Social Security privatization plan.
Rep. Pallone states that the Social Security privatization will lead to over 40 percent benefit cuts for seniors, and the plan will be lead us into debts and eventually, the future generations will have to pay for that. (:39)
April 14, 2005
Categories
Related
- Senator Jon S. Corzine (D-NJ), states if Social Security is cut in New Jersey, it will eventually cause a negative impact to New Jersey’s state budget and economy.
- Ellen Miller on how Representative Jim McCrery (R-LA) is unfit to be chairman of the House subcommittee on Social Security
- Harry Reid (D-NV), Senate minority leader, calls Privatization a buzz word for getting rid of Social Security.
- Staci Berger, a legislative and political director of New Jersey Citizen Action, states that the plan of privatizing social security will reduce the standards of living for the people in New Jersey.
- Obama camp okay with raising taxes to fund social security
Latest Audio
Happening Now - TRNS on Twitter
- @travisAmartinez: Sen. Specter and Leahy bones it out before the vote. Lieberman and Burris high five after the vote.. -- 2 hours ago
- @jackrice: So 60 votes in the Senate. Now come the real fight. -- 3 hours ago
- @bobney: Sen. George Voinovich: Why waste time on a badly flawed health-care bill? | OPEN: Ohio Politics - cleveland.com - - ... http://shar.es/aiCnd -- 3 hours ago
- @jtamboli: Voinovich didn't vote because he's in Cleveland celebrating the beginning of his political career. http://bit.ly/85eHNR .. -- 3 hours ago
- @travisAmartinez: With 60 votes Senate agrees to begin debate on health care reform bill.. -- 3 hours ago
- @bobney: Buckeye Blitz !!!!!!!! Another year down -- 7 hours ago
- @jackrice: I Embed with the the 82nd Airborne in Afghanistan in Dec. http://ff.im/-bOlF2 -- 10 hours ago
- @bobney: Wow, money for votes, doesn't that get you in trouble? :-) - POLITICO.com - http://shar.es/aiGGE -- 10 hours ago
- @bobney: Senator Mary Landrieu (D-LA) will vote for cloture to begin the healthcare debate, has reserved her right to vote no on passage -- 10 hours ago
- @tdowlats: RT @huffingtonpost Reporters Uncensored: How to Build a Continent: A Do it Yourself Guide http://bit.ly/48dl6X -- 12 hours ago