After 9/11, the businesses in my district and throughout the New York metropolitan area saw firsthand the result of a lack of availability of terrorism insurance.
As a result of the current universal benefit, the poverty rate for seniors in America is about 10%. Without the universal benefit, it would be over 50%.
As we discussed earlier today, any money borrowed for the Social Security trust fund has been guaranteed with special U.S. Treasury bonds.
As you know, Social Security functions under the premise that today's workers will help finance benefits for retirees and that these workers will then be supported by the next generation of workers paying into the same system.
Because there still exists a significant pay gap, women tend to earn less than men over the course of their lifetimes. Compounding the problem, women tend to spend less time in the workforce than men.
Corporate corruption, as exhibited by the Enron scandal, is a serious problem and investing in the stock market is risky.
Currently, Social Security faces a shortfall of about $4 trillion over the next 75 years. It is estimated that by eliminating the wage cap and increasing benefits, over $3.69 billion could be saved.
For these reasons, women tend to rely more heavily on Social Security in their retirement than do men.
I actually share her view and understand her frustration when any government attempts to ban secular symbols like Santa Claus or Rudolph the Red Nose Reindeer or Christmas lights.
I agree that workers should be given a number of options to plan for retirement.
I always try to keep my constituents as up-to-date as possible with what's going on here in Washington.
I am enormously concerned with our Nation's lack of border security and the dysfunctional nature of our current immigration system.
I believe that as a nation we must have a bipartisan discussion about how to best preserve and protect Social Security for our seniors and for future generations of Americans.
I believe that gambling our seniors' retirement in the stock market is a bad idea.
I believe that social security should be a universal retirement guarantee and not means tested.
I do believe in protecting the Social Security trust fund and thereby can't expose it to the risk inherent in the stock market.
I strongly support universal 401(k) plans that allow workers to invest a portion of their paychecks in tax-deferred accounts.
It is estimated that raising the retirement age to 70 would cut the shortfall by about 36%. But this proposal has some drawbacks. Women and men who have worked jobs that require manual labor all of their lives may not physically be able to do work until they are 70 years old.
It's certainly possible that drastically altering the Social Security system might affect women differently than it would affect men.
Nearly 11 million undocumented immigrants currently live within our borders. That's 11 million people living in the shadows whom we know next to nothing about.
No one seems to be talking about how Social Security reform will impact people with disabilities and their families. The Social Security program was created not just to protect the retired from poverty, but also to protect people with a disability that limits their ability to work.
Not only will privatizing Social Security lead to a drastic cut in benefits and the end of the program as we know it, but the administrative/overhead costs that you mentioned will run up our national debt.
Our Nation's immigration laws are disrespected both by those who cross our borders illegally and by the businesses that hire those illegal immigrants.
Plus, 40% of our debt is owned by foreign interest. I can't support a plan that passes along cost burden to our children and makes us more reliant on foreign dollars.
Since Social Security was established by President Franklin D. Roosevelt in 1935 to ensure economic security for American workers, poverty among American seniors has dramatically declined.
The 9/11 families very much wanted to participate in a commission that would develop new policies, new alternatives to TRIA.
The President and I agree that Social Security needs to be preserved so that we can ensure that all Americans receive the retirement benefits they've been promised. But we disagree as to how best to fix the system.
The Stem Cell Research Enhancement Act would expand research on embryonic stem cells by increasing the number of lines stem cells that would be eligible for federally funded research.
There just aren't enough Americans in the workforce to pay our retirees the benefits they've been promised - unless we make some changes.
Ultimately, I support a comprehensive immigration policy that is good for families, national security and the economy.
You can be sure that I will always consider how changes to Social Security will impact people with disabilities when considering the various proposals offered for reform.
A camel is a horse designed by committee.
An expert is someone who tells you why you can't do something.
I feel very, very proud that so many people have copied me.
It is much easier to drive without having an accident.
The public don't know what they want; it's my job to tell them.
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