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David Loebsack on Social Security

Democrat

 


I will never vote to privatize Social Security

I will never vote to privatize Social Security. The system is in need of significant reform but it is not in crisis. The Bush administration�s attempts to privatize this most vital and successful of social programs are misplaced and threaten the retirement security of millions of Americans. We know that Bush�s proposals will do nothing to remedy the long-term solvency problem and will only reduce benefits for recipients when they reach retirement age.
Source: 2006 House campaign website loebsackforcongress.org �Issues� , Nov 7, 2006

Increase FICA cap to $150,000

Q: What principles do you support regarding Social Security?

A: The cap on income subject to FICA tax should be increased to $150,000.

Source: 2006 Congressional National Political Awareness Test , Nov 7, 2006

Reject privatization; don't raise the retirement age.

Loebsack signed the Social Security Protectors Pledge

Some 200 Democratic House and Senate candidates have signed on to a pledge rejecting any effort to privatize or scale back Social Security benefits or raise the retirement age. The Progressive Change Campaign Committee sponsored this pledge among Congressional candidates.

Source: PCCC Survey 10-PCCC on Aug 11, 2010

Sponsored keeping CPI for benefits instead of lower "Chained CPI".

Loebsack co-sponsored Resolution on CPI

CONCURRENT RESOLUTION expressing the sense of the Congress that the Chained Consumer Price Index (CPI) should not be used to adjust Social Security benefits.