2008 Presidential Candidates – Social Security – For Our Grandchildren
   Barack Obama
   Hillary Clinton *
   Mike Gravel *
   Joe Biden *
   Chris Dodd *
   John Edwards *
   Dennis Kucinich *
   Bill Richardson *
   John McCain
   Mike Huckabee *
   Ron Paul *
   Sam Brownback *
   Rudy Giuliani *
   Duncan Hunter *
   Mitt Romney *
   Tom Tancredo *
   Fred Thompson *
   Tommy Thompson *

A political candidate is defined by his or her position on the issues. Ultimately, a candidate succeeds or fails because the voters embrace or reject his or her views.

Few issues will have a greater financial impact on Americans - and on the legacy of the next president - than the fate of Social Security, Medicare, and other such federal programs. However the next president and the Congress decide to act (or fail to act), generations of American workers and retirees will have to live with the consequences.

Below is the information that For Our Grandchildren collected on each of the major Democratic and Republican presidential candidates. What they've said, failed to say, or how they've contradicted themselves about the future of these programs is a matter of public record. On these pages, you'll find all this information in one place.

View a comparison on the two presumption presidential nominees, Senators John McCain and Barack Obama.

 
Joe Biden Joe Biden*
"… private accounts, that only exacerbates the problem, exacerbates the problem, doesn't help the problem."

Meet the Press, 3/5/05

Rudy GiulianiRudy Giuliani *
"People should be able to invest their money the way that they see fit, instead of relying on federal bureaucrats and the current system."

S4, YouTube 6/6/07

Hillary ClintonHillary Clinton *
Opposes any proposal that would divert resources from Social Security and into private accounts. Did not offer a specific proposal to keep the program solvent.

The State, 4/22/07

Mike HuckabeeMike Huckabee *
Would head off a "Social Security train wreck" by getting workers engaged in planning their own retirement with a combination of Social Security and personal accounts.

Des Moines Register, 4/17/07

Chris DoddChris Dodd *
"'The sky is not falling,' Dodd said, in regards to those who would rush to reform Social Security."

Telegraph Herald, 4/2/07

Duncan HunterDuncan Hunter *
"Says he is considering all options to reform the program and prevent impending insolvency."

http://www.cnn.com/ELECTION/2008/ issues/issues.socialsecurity.html

John EdwardsJohn Edwards *
"I oppose diverting payroll taxes to private accounts but support offering matching accounts to workers on top of Social Security."

Project Vote-Smart, 2004 Presidential National Political Awareness Test

John McCainJohn McCain
"try to take some of our money and invest it ourselves, not in something like Enron but in, like we do with federal employees and members of Congress, in one of five different groups."

FOX News Sunday, 2-27-2005

Mike GravelMike Gravel *
Wants to put real money, rather than borrowed money, in the Social Security Trust Fund, investing it properly and identifying the interests of individual beneficiaries so they can leave their surplus funds to their heirs.
- Gravel Campaign website
Ron PaulRon Paul *
"… speaks lovingly of the good old days before things like Social Security and Medicaid existed, before the federal government outlawed drugs like heroin…."

The Washington Post, 7/9/06

Dennis KucinichDennis Kucinich *
"I staunchly oppose all efforts to privatize Social Security, thus diverting payroll tax dollars into individual accounts. I am against raising the retirement age, against raising the cap on taxable wages, and against means-testing for benefits."
- Kucinich Campaign website
Mitt RomneyMitt Romney *
"… praise[s] the notion of personal accounts for Social Security recipients…"

New Hampshire Union Leader, 6/7/07

Barack ObamaBarack Obama
Favors "an equitable mix of benefit and tax changes" to extend the solvency of the program. Is open to lifting the amount of income that is taxed for Social Security.

The State, 4/22/07

Tom TancredoTom Tancredo *
"Supports allowing younger workers to divert some Social Security payroll tax into private retirement accounts."

http://www.cnn.com/ELECTION/2008/ issues/issues.socialsecurity.html

Bill RichardsonBill Richardson *
Says he supports "universal pensions" and opposes privatizing Social Security.

The State, 4/22/07

Sam BrownbackSam BrownBack *
In 2004, he co-sponsored the Ryan-Sununu bill to reform Social Security by allowing for large personal savings accounts.

Club for Growth website

 
Tommy ThompsonTommy Thompson *
"He said that 'if the Social Security system is not reformed, no benefits will be available when workers now in their 20s and 30s begin to retire.'"

Milwaukee Journal Sentinel, 10/28/00

 
Former Tennessee Senator Fred ThompsonFred Thompson *
"...is becoming a leader on the issue through his willingness to openly discuss the problems facing the Social Security and Medicare."

Christian Science Monitor, 10/29/07