State of Hawaii secondary Archives: on Social Security


Daniel Akaka: Social Security privatization is a risky investment scheme

I oppose Bush’s privatization proposal. It turns a guaranteed benefit into a risky investment scheme. Social Security has served as an important safety net for a long time, and I view the continuation of this program as a top priority. What’s happening now with the Bush administration privatizing the bill, privatization will not address Social Security-term fiscal challenges, which is a problem. And social security is something that we really need and need to continue to fund over the years.
Source: 2006 HI Senate Debate on PBS Hawaii Aug 31, 2006

Ed Case: Oppose Social Security privatization, lockbox the trust fund

Social Security will become insolvent inside of 10 years, meaning the revenues coming in from Social Security taxes will not be sufficient to cover the expenses going out. We’d be in pretty good shape if we’d only lockboxed the Social Security trust fund and not diverted all of those moneys into our general fund and spent it as part of that budget decline that I referenced earlier in my remarks. I have opposed his specific privatization proposal as I understand it.
Source: 2006 HI Senate Debate on PBS Hawaii Aug 31, 2006

  • The above quotations are from State of Hawaii Politicians: secondary Archives.
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2020 Presidential contenders on Social Security:
  Democrats running for President:
Sen.Michael Bennet (D-CO)
V.P.Joe Biden (D-DE)
Mayor Mike Bloomberg (I-NYC)
Gov.Steve Bullock (D-MT)
Mayor Pete Buttigieg (D-IN)
Sen.Cory Booker (D-NJ)
Secy.Julian Castro (D-TX)
Gov.Lincoln Chafee (L-RI)
Rep.John Delaney (D-MD)
Rep.Tulsi Gabbard (D-HI)
Sen.Amy Klobuchar (D-MN)
Gov.Deval Patrick (D-MA)
Sen.Bernie Sanders (I-VT)
CEO Tom Steyer (D-CA)
Sen.Elizabeth Warren (D-MA)
Marianne Williamson (D-CA)
CEO Andrew Yang (D-NY)

2020 Third Party Candidates:
Rep.Justin Amash (L-MI)
CEO Don Blankenship (C-WV)
Gov.Lincoln Chafee (L-RI)
Howie Hawkins (G-NY)
Gov.Gary Johnson(L-NM)
Howard Schultz(I-WA)
Gov.Jesse Ventura (I-MN)
Republicans running for President:
Sen.Ted Cruz(R-TX)
Gov.Larry Hogan (R-MD)
Gov.John Kasich(R-OH)
V.P.Mike Pence(R-IN)
Gov.Mark Sanford (R-SC)
Pres.Donald Trump(R-NY)
Rep.Joe Walsh (R-IL)
Gov.Bill Weld(R-MA & L-NY)

2020 Withdrawn Democratic Candidates:
Sen.Stacey Abrams (D-GA)
Mayor Bill de Blasio (D-NYC)
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)
Rep.Eric Swalwell (D-CA)
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Page last updated: Oct 10, 2021