Explore our content

All types | All dates | All authors
Social Security
Quick Hit
by Aricka Flowers
9:48am
Wed Sep 22, 2010

New Seals Ad Takes A Closer Look At Dold's Views

Dan Seals, the Democratic candidate running for the 10th District Congressional seat, has released a new ad that delves into the views, and tax paying practices, of his opponent, Robert Dold. The ad hits the GOP candidate on reproductive rights, Social Security, and fiscal responsiblity. Watch:

Quick Hit
by Aricka Flowers
10:28am
Tue Sep 21, 2010

Seals Picks Up Senior Supporters; Dold Parties With The Tea Partiers

Democratic candidate for Illinois' 10th Congressional District, Dan Seals, picked up two additional endorsements -- the Alliance for Retired Americans and the National Committee to Preserve Social Security & Medicare -- recently as he traveled throughout his district to hear from seniors about their political concerns. Seals says he will not support efforts to privatize Social Security and would prefer to improve the system. From a statement:

I remain firmly committed to protecting Social Security, and I do not support any cuts to seniors’ benefits at this time.  The Social Security Administration Trustees have stated that the system will be solvent for another 27 years, so there is no need for drastic action today.  In the future, we will need to consider how to strengthen the system for future generations.  At that time, instead of raising the cap on how much income can be taxed for Social Security, I would support asking America’s wealthiest retirees–those who do not depend on Social Security to get by–to accept a reduced benefit.  That’s because the millionaire does not need as much support as does the person who made $25,000 a year.  Again, this is not a step we need to take right now, but one to consider in years to come.

Americans generally support reducing Social Security benefits on the wealthy, although removing the cap on income exempt from Social Security payroll taxes is more popular and could largely close the anticipated shortfall. GOP candidate Robert Dold, meanwhile, has hinted that he supports efforts to privatize the system gradually, including U.S. Rep. Paul Ryan's (R-WI) controversial Roadmap for America. That idea makes Americans "very uncomfortable."

Seals and Dold are expected to take part in two debates this week, one of which is sponsored by AARP. Dold may have to answer questions about his attendance Friday night at a rally thrown by Tea Party front group Americans for Prosperity.

Quick Hit
by Michael Vanassche
3:07pm
Wed Sep 1, 2010

Protesters To Rep. Ryan: Keep Your Hands Off Our Social Security

Members of the Illinois Alliance for Retired Americans, the Illinois Main Street Alliance, and Citizen Action/Illinois met outside of Chicago's Four Seasons Hotel to protest U.S. Rep. Paul Ryan's (R-WI) endorsement of 9th Congressional District Republican candidate Joel Pollack. Ryan is the architect of the controversial "Roadmap for America" plan, which would dismantle Social Security even though the program's trust fund is fully solvent until 2032. Katie Jordan from Illinois Alliance for Retired Americans doesn't agree with the plan:

In the 10th Congressional District, Democratic nominee Dan Seals has also taken a swing at GOP candidate Robert Dold for encouraging supporters to read up on Ryan's "Roadmap." Social Security, it seems, will play a key role in these Chicago-area campaigns this fall.

Quick Hit
by Aricka Flowers
5:43pm
Thu Aug 26, 2010

Seals Slams Dold's Social Security Stance

When U.S. Rep. Sandy Levin (D-MI) endorsed Dan Seals, the Democratic candidate in the 10th Congressional District race, yesterday's announcement of the decision quickly turned to the future of Social Security. Seals's GOP candidate Robert Dold has backed Social Security privatization in the past and more recently flirted with supporting Wisconsin Republican Paul Ryan's radical "Roadmap" plan, which would cut Social Security benefits. Levin, who is chairman of the House Committee on Ways and Means and has fought against such proposals in Congress, said that although he hasn't met Dold, he has "met the positions that he proposes and that he believes in." Levin went on to explain why no plan for Social Security privatization would work:

There can always be slight differences in privatization plans, but if you tear them apart, they are all the same. At the heart of it, it would move younger people away from insured benefit plans and put poeple in a substanial way dependent upon the stock market. And we've learned these last years how much in jeopardy this places a trust fund and also how much it places in jeopardy the people who have to rely on it. If those who are now on social security all had, instead of social security, 401(k)s, they would be in, frankly, difficult straits.

Seals echoed that sentiment and voiced his concern about the impact Social Security privatization would have on the federal deficit:

If you were to privatize Social Security, you would actually add trillions of dollars to the debt - and outstanding debt already stands at $13 trillion, so the notion that we can add another two trillion or more to it is simply unacceptable. I support protecting Social Security and I'm happy to have the endorsement of a committee looking to protect and preserve Social Security and Medicare and I'll continue to work to make sure this is a program that's solvent for years to come.

Considering the fact that Republicans have been filibustering any and every bill that would add to the federal deficit, like the recently-passed state aid bill, does Dold's support of such an expensive and unproven initiative make any sense?

Quick Hit
by Adam Doster
1:06pm
Mon Aug 16, 2010

Social Security: A Hot Button Issue In 10th CD Race

What is Robert Dold's position on Social Security? In late July, the Republican's 10th District Congressional nominee encouraged his campaign followers to familiarize themselves with U.S. Rep. Paul Ryan’s (R-WI) Roadmap for America’s Future, a budget plan that would largely privatize the government's retirement system while lowering benefit payments. Hours later, he pulled the message down from his Facebook account. On Saturday, the 75th anniversary of Social Security's creation, members of the New Trier Democrats delivered a "Social Security birthday cake" to Dold's Winnetka office. Dold celebrated by asking what Democratic opponent Dan Seals' "plan is to save Social Security from future bankruptcy."

Bankruptcy? The Social Security Trust Fund (PDF) is in surplus and will pay out (PDF) full benefits through 2037. Persistent unemployment threatens its long-term solvency, but the program is not in serious danger. (Indeed, one could make a strong case that benefits should be strengthened.) Dold should be forced to elaborate on that assertion during the campaign.

Quick Hit
by Josh Kalven
4:09pm
Mon Apr 5, 2010

Teachers To "Look Again" At Social Security

In a State Journal-Register op-ed yesterday, the Illinois Federation of Teachers' Steve Preckwinkle reminded readers that Illinois teachers don't receive Social Security, so the pension changes that zoomed through the General Assembly two weeks ago are going to hit them extra hard:

Teachers gave up the option to be part of Social Security years ago because they believed in the fairness of the existing pension plan, which was jointly funded by teachers and the state. Illinois taxpayers save more than $700 million per year by not paying Social Security payroll taxes for 78 percent of all active employees in the five state-managed plans, including all public school teachers. Unfortunately, the state routinely skipped its payments, causing today’s mountain of pension debt. Teachers never missed a contribution.

So now we will look again at the Social Security option for new teachers. Under state and federal law, they still have the right to be covered. And yes, it will cost hundreds of millions of new taxpayer-funded dollars should they choose coverage. Sorry, General Assembly, but even you can’t skip out on Social Security taxes once your employees are part of the system.

Quick Hit
by Adam Doster
5:02pm
Tue Feb 2, 2010

11th District Dems Pounce On Kinzinger's Social Security Stance

Seeing how he's the frontruner in the 11th Congressional District GOP primary, political newcomer Adam Kinzinger is likely to be celebrating a victory tonight.  And Dems in the district are wasting no time attacking the National Republican Congressional Committee-endorsed candidate for his position on Social Security. In an interview with the Kankakee Daily Journal last week (subscription required), Kinzinger proposed capping Social Security benefits at the rate of inflation and raising the program's retirement age. Activists will greet him at his victory party in New Lenox (12410 Horseshoe Drive) to express their displeasure with that position. Here's a flyer with some details.