State of South Carolina secondary Archives: on Social Security

Jaime Harrison: Social Security and Medicare are more than a promise

Harrison: One way that you save Social Security, is not by eliminating the payroll tax right now, because it would wreck this program. Folks deserve the money that they have put into the system. Lindsey Graham said, "That Social Security and Medicare, were promises that we can't keep." Senator, I'm sorry, but they are not promises. People have paid into these systems and they deserve to get the money back that they put into it, because that is the livelihood that they have.
Source: 2020 South Carolina Senate debate ( transcript) Oct 3, 2020

Lindsey Graham: Link size of cost of living increases to income

Graham: What would I do to save Social Security? Whatever it takes. I make $175,000 a year, as a Senator. I have a military retirement. I have a congressional retirement. I'll take less than benefits, to make sure somebody like my aunt who worked in the textile plants, who can't afford to get less. I think COLA, for upper income people like me, you shouldn't get the same COLA, as somebody on a fixed income. if you can afford to take a little bit less, do it.
Source: 2020 South Carolina Senate debate ( transcript) Oct 3, 2020

Henry McMaster: Shift pensions from defined benefit to defined contribution

We must maintain our commitment to the 11.5% of South Carolinians who rely on the state retirement systems and we must also protect the taxpayers from bearing any additional financial burden caused by inaction or indecision or anything else. The best answer is a date-certain transition away from "defined benefit" pension plans to "defined contribution" plans for new state employees. I am asking that we--at the end of this year--close enrollment in the current "defined-benefit" plan.
Source: 2020 South Carolina State of the State address Jan 22, 2020

Tommy Pope: Fund the state retirement system to keep our promises

We passed a bill to give solvency to the state retirement system. It's no secret our state retirement system is in need of immediate attention. My House colleagues and I passed a bipartisan measure to cap the rate paid by employees in the state retirement system, adjust the rate paid into the system by both employer and employee, and to inject sufficient funding into the current system to bring solvency to the struggling benefit plan. The market crash and recession of 2008 along with poor management contributed to the deficiencies we face today. Doing nothing and thereby not honoring promises made to employees is not an option. I believe it's very important to ensure our teachers, first responders, and public employees have a sound foundation for retirement. The Senate amended and passed our House proposal and I will have another update as we progress further.
Source: 2017 South Carolina House campaign website Mar 11, 2017

Donald Trump: I will save Social Security with more jobs, less waste

I'm going to save Social Security. You have tremendous waste, fraud and abuse. We have in Social Security thousands of people over 106 years old. You know they don't exist. There's tremendous waste, fraud and abuse, and we're going to get it. But we're not going to hurt the people who have been paying into Social Security their whole life and then all of a sudden they're supposed to get less. We're bringing jobs back.
Source: 2016 CBS Republican primary debate in South Carolina Feb 13, 2016

Thomas Ravenel: Voluntary personal accounts for younger workers

SC GOPUSA: Both Social Security and Medicare programs will completely run out of funds in 15 years. What options will you support to fix or replace these programs?

RAVENEL: I want to fix this problem by giving younger workers the opportunity--on a voluntary basis--to place a portion of the payroll taxes they are currently paying into personal investment accounts which the individual worker would own and control. These accounts would grow into very substantial savings over the 40-plus years the average person works and they would provide a far more generous retirement benefit than Social Security currently promises--and can't deliver. The accounts would be professionally managed by government-approved financial institutions that the individual worker could select. Best of all, since individual workers would own their own accounts, no politician could ever spend that money on anything else. The reforms I will advocate would have no affect on those nearing, or already retired.

Source: blog on 2014 South Carolina Senate race Apr 5, 2014

Richard Burr: Protect retiree benefits & protect Trust Fund

My record on behalf of seniors and those nearing retirement includes:
Source: on 2010 South Carolina Senate incumbents Nov 24, 2010

Jim Gilmore: Cap entitlements & create a culture of independence

Q: Would you be willing to reduce benefits to avoid raising payroll taxes?

A: We have developed a whole system, Social Security, of all these entitlement systems that are going to eat up the ability of the taxpayer to be able to pay for them. So we’re going to have to address how we can put a cap on these in such a way that we’re going to be able to pay for them and create a culture of independence in this country so people can provide for themselves in a way that liberates them for this.

Source: 2007 Republican Debate in South Carolina May 15, 2007

Howard Dean: Reverse Bush tax cuts to shore up trust fund-don’t privatize

Dean strongly opposes any effort to privatize Social Security. He said the government “must return to fiscal discipline and use some of the savings to shore up the Social Security Trust Fund.” He said eliminating Bush’s tax cuts for the wealthiest Americans, closing corporate tax loopholes and spending cuts would provide money for the fund.
Source: Editorial, The State webzine (South Carolina) Nov 16, 2003

  • The above quotations are from State of South Carolina Politicians: secondary Archives.
  • Click here for definitions & background information on Social Security.
  • Click here for other issues (main summary page).
2020 Presidential contenders on Social Security:
  Democrats running for President:
Sen.Michael Bennet (D-CO)
V.P.Joe Biden (D-DE)
Mayor Mike Bloomberg (I-NYC)
Gov.Steve Bullock (D-MT)
Mayor Pete Buttigieg (D-IN)
Sen.Cory Booker (D-NJ)
Secy.Julian Castro (D-TX)
Gov.Lincoln Chafee (L-RI)
Rep.John Delaney (D-MD)
Rep.Tulsi Gabbard (D-HI)
Sen.Amy Klobuchar (D-MN)
Gov.Deval Patrick (D-MA)
Sen.Bernie Sanders (I-VT)
CEO Tom Steyer (D-CA)
Sen.Elizabeth Warren (D-MA)
Marianne Williamson (D-CA)
CEO Andrew Yang (D-NY)

2020 Third Party Candidates:
Rep.Justin Amash (L-MI)
CEO Don Blankenship (C-WV)
Gov.Lincoln Chafee (L-RI)
Howie Hawkins (G-NY)
Gov.Gary Johnson(L-NM)
Howard Schultz(I-WA)
Gov.Jesse Ventura (I-MN)
Republicans running for President:
Sen.Ted Cruz(R-TX)
Gov.Larry Hogan (R-MD)
Gov.John Kasich(R-OH)
V.P.Mike Pence(R-IN)
Gov.Mark Sanford (R-SC)
Pres.Donald Trump(R-NY)
Rep.Joe Walsh (R-IL)
Gov.Bill Weld(R-MA & L-NY)

2020 Withdrawn Democratic Candidates:
Sen.Stacey Abrams (D-GA)
Mayor Bill de Blasio (D-NYC)
Sen.Kirsten Gillibrand (D-NY)
Sen.Mike Gravel (D-AK)
Sen.Kamala Harris (D-CA)
Gov.John Hickenlooper (D-CO)
Gov.Jay Inslee (D-WA)
Mayor Wayne Messam (D-FL)
Rep.Seth Moulton (D-MA)
Rep.Beto O`Rourke (D-TX)
Rep.Tim Ryan (D-CA)
Adm.Joe Sestak (D-PA)
Rep.Eric Swalwell (D-CA)
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Page last updated: Oct 12, 2021