To allow all U.S. workers to put part of their earnings into private investment accounts would definitely erode the Social Security system and cause uncertainty for new investors.
More Quotes from Grace Napolitano:
Latinos are disproportionately more likely to be injured on the job than other ethnic groups.Grace Napolitano
Social Security has been effective for 70 years; prior predictions of its demise have been totally overstated.
Grace Napolitano
We must take the time to do what needs to be done now, what is right, instead of passing a bad bill.
Grace Napolitano
Latinas' life expectancies are relatively long. When a current retiree hits 65 and begins receiving her benefit check, she can expect to live another 22 years. That life expectancy is higher than white women or men.
Grace Napolitano
We must work to stabilize Social Security. We must not gamble with our nation's social insurance program, one of our most popular and effective federal programs that has remained dependable and stable for the past 70 years.
Grace Napolitano
We must level with the people and explain to them that Social Security will first face funding problems in 2042 that can be fixed now with changes that do not undermine and ultimately drain from the entire program.
Grace Napolitano
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