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Bill Bradley
(Democrat)
Supports
processing Social Security electronically, saving billions of
dollars in less paperwork. In the meantime, the budget surplus
should be used to shore up Social
Security.
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Al Gore
(Democrat)
Will never
privatize or divert funds away from Social Security. He does not
favor raising the age
limit.
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Gary Bauer
(Republican)
Favors a 20
percent cut in payroll taxes and a corresponding 20 percent cut in
benefits. Opposses
privatization.
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George W. Bush (Republican)
Pledges no
reduction in benefits for retirees. Will veto any increase in
corporate or income tax. Supports ESA (Education Savings Accounts)
by allowing parents to increase contributions per student and
withdraw funds tax-free to pay for educational
expenses.
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Steve Forbes
(Republican)
Beleives you
should have more personal control over your money. He would allow
young people to choose how to invest their contributions rather than
leaving it up to the federal government. Similar to an Individual
Retirement Account or a 401(k)
plan.
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Orrin Hatch (Republican)
Proposes a
Social Security “Lockbox," a measure that sequesters all
FICA funds not currently needed and preserves them intact until such
time as they are
necessary.
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Alan Keyes (Republican)
No public
statement.
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John McCain (Republican)
Agrees that
Social Security surpluses should not be used to bolster the budget.
Instead any surplus should be put in a Social Security
"Lockbox. He also supports allowing workers to invest a portion
of their Social Security
taxes.
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Pat Buchanan (Reform Party)
Favors allowing the elderly to
make their own health care decisions by investing on their own
personal investment or insurance
accounts.
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