Political Quotes

Mike Pence: it is time to turn down the rhetoric and to stop the raid on the Social Security trust fund and start allowing Americans…

On the recordJune 23, 2005
it is time to turn down the rhetoric and to stop the raid on the Social Security trust fund and start allowing Americans to invest their Social Security taxes in personal savings accounts. For more than 40 years, the United States Congress has shamelessly used payroll taxes intended for Social Security to fund Big Government spending. Thanks to the leadership of President George W. Bush, Congress has undertaken a national discussion about how we deal with the inevitable insolvency in the program. And while there are multiple plans for reforms, several of my colleagues yesterday offered a thoughtful approach. The Ryan-Johnson-McCrery-Shaw plan is a good start down the right path for form, first and foremost by stopping the raid on the Social Security fund, by requiring that any surplus in Social Security taxes be returned to the American people in personal savings accounts. The plan ensures that Social Security taxes will be used for Social Security. Let us stop the raid, start the accounts. Let us move forward with this commonsense plan. I urge all my colleagues to give thoughtful consideration to the Ryan-Johnson-McCrery-Shaw plan for beginning the reform of Social Security. ____________________
Said by
Mike Pence
Republican · Indiana

Share

More from Mike Pence

Jun 22, 2026

But the memorandum of understanding with Iran signed last week falls well short of what is required to end the Iranian threat.

foxnews.com
May 31, 2026

I think character, integrity to principle, are enormously important in the life of our movement, in the life of our nation.

cbsnews.com
Jun 1, 2026

The idea of creating a fund that could compensate people who assaulted police officers and vandalized the Capitol that day is totally unacceptable.

cbsnews.com
Jun 2, 2026

It was a bad idea from the start and should be dropped.

bbc.com

Other voices in this conversation