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Michael Bennet on Social Security

Democratic Presidential Challenger; CO Senator

 


Eliminate income cap for payroll taxes

Q: On Taxes: Increase taxes on corporations and/or high-income individuals to pay for public services?

Bennet: Mostly yes. Includes eliminating income cap for payroll taxes supporting Social Security & Medicare.

Glenn: No. Supports substantial tax decreases, including for the wealthy. Pledged to oppose any tax increases to raise revenue. Allow charities & community programs to do the work of alleviating poverty.[7]

Source: CampusElect Voter Guide to 2016 Colorado Senate race , Oct 9, 2016

Optional personal retirement accounts ARE privatization

Andrew Romanoff characterized the latest campaign mailer sent out by primary opponent Sen. Michael Bennet as an exercise in selective reporting. The Bennet flier accused Romanoff of pushing for the privatization of Social Security. The flier called Romanoff out on a 2004 vote in which he supported what the Bennet campaign called a "risky privatization plan."

Romanoff responded that the 2004 Senate Joint Resolution "does not say that it will divert money out of Social Security. I wouldn't have voted for it if it did."

The Bennet camp followed the flier with a new press release: "Romanoff surrounds himself with seniors in a shameful attempt to show his support. What he isn't telling them is that Speaker Romanoff voted to privatize Social Security. A move that would have stripped many seniors from their only source of income."

SJR 28 in 2004 resolved to "support optional personal retirement accounts and not support increases in payroll taxes and cuts to Social Security benefits."

Source: Denver Post on 2020 Colorado Senate race , Jul 29, 2010

Preserve the integrity of entitlement programs

We need to take a serious look at reforming our entitlement programs. Social Security is our most successful retirement program and it provides the only path to a secure retirement for millions of Americans. Similarly, Medicare is the only way to get quality health care for many Americans. We must find a way to preserve the integrity of these programs while reducing the increasingly large impact they have on the overall federal budget.
Source: 2010 Senate campaign website, bennetforcolorado.com "Issues" , Jul 2, 2009

Strongly opposes privatizing or reducing benefits

I am working hard in Congress to preserve the long-term survival of Social Security, so that is remains solvent decades from now.

I strongly oppose privatizing Social Security or reducing Social Security benefits. We can work together to confront Social Security's solvency challenge without taking these drastic, ill-conceived measures. A component for guaranteeing the long-term viability of Social Security is to get our nation's fiscal house in order, without raiding Social Security to do it.

Source: 2010 Senate campaign website, bennetforcolorado.com "Issues" , Jul 2, 2009

Opposes private retirement accounts.

Bennet opposes the CC survey question on private retirement accounts

The Christian Coalition voter guide [is] one of the most powerful tools Christians have ever had to impact our society during elections. This simple tool has helped educate tens of millions of citizens across this nation as to where candidates for public office stand on key faith and family issues.

The CC survey summarizes candidate stances on the following topic: "Allowing individuals to invest a portion of their Social Security tax in private retirement accounts"

Source: Christian Coalition Survey 10-CC-q6 on Aug 11, 2010

Rated 90% by ARA, indicating a pro-Trust Fund stance.

Bennet scores 90% Alliance for Retired Americans

Scoring system for 2014: Ranges from 0% (supports privatization and other market-based reforms) to 100% (supports keeping federal control over Trust Fund and Social Security system).

About ARA (from their website, www.RetiredAmericans.org):

The Alliance for Retired Americans is a nationwide organization, founded in May 2001, with now over 4.2 million members working together to make their voices heard in the laws, policies, politics, and institutions that shape our lives. The mission of the Alliance for Retired Americans is to ensure social and economic justice and full civil rights for all citizens so that they may enjoy lives of dignity, personal and family fulfillment and security.

Source: ARA lifetime rating on incumbents of 113th Congress 14_ARA on Jan 1, 2013

Other candidates on Social Security: Michael Bennet on other issues:
2020 Presidential Democratic Primary Candidates:
V.P.Joe Biden (D-DE)
Mayor Mike Bloomberg (I-NYC)
Gov.Steve Bullock (D-MT)
Mayor Pete Buttigieg (D-IN)
Rep.Tulsi Gabbard (D-HI)
Sen.Amy Klobuchar (D-MN)
Gov.Deval Patrick (D-MA)
Sen.Bernie Sanders (I-VT)
Sen.Elizabeth Warren (D-MA)

2020 GOP and Independent Candidates:
Rep.Justin Amash (Libertarian-MI)
CEO Don Blankenship (C-WV)
Gov.Lincoln Chafee (L-RI)
Howie Hawkins (Green-NY)
Gov.Larry Hogan (R-MD)
Gov.John Kasich (R-OH)
V.P.Mike Pence (R-IN)
Gov.Mark Sanford (R-SC)
CEO Howard Schultz (I-WA)
Pres.Donald Trump (R-NY)
Gov.Jesse Ventura (I-MN)
V.C.Arvin Vohra (Libertarian-MD)
Rep.Joe Walsh (R-IL)
Gov.Bill Weld (L-NY,R-MA)
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Principles/Values
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Tax Reform
War/Iraq/Mideast
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External Links about Michael Bennet:
Wikipedia
Ballotpedia

2020 Withdrawn Democratic Candidates:
State Rep.Stacey Abrams (D-GA)
Sen.Michael Bennet (D-CO)
Sen.Cory Booker (D-NJ)
Secy.Julian Castro (D-TX)
Mayor Bill de Blasio (D-NYC)
Rep.John Delaney (D-MD)
Sen.Kirsten Gillibrand (D-NY)
Sen.Mike Gravel (D-AK)
Sen.Kamala Harris (D-CA)
Gov.John Hickenlooper (D-CO)
Gov.Jay Inslee (D-WA)
Mayor Wayne Messam (D-FL)
Rep.Seth Moulton (D-MA)
Rep.Beto O`Rourke (D-TX)
Rep.Tim Ryan (D-CA)
Adm.Joe Sestak (D-PA)
CEO Tom Steyer (D-CA)
Rep.Eric Swalwell (D-CA)
Marianne Williamson (D-CA)
CEO Andrew Yang (D-NY)
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Page last updated: Mar 01, 2020