Bill Johnson on Social Security

Last Updated : Oct 07, 2010

Campaign Website Statements

Seniors

With more seniors than teens in the workforce for the first time in our nation’s history, it’s clearer than ever that our nation’s retirement system is broken. Instead of retiring in good health to enjoy time with children and grandchildren, people are forced to work longer and harder than ever.

That’s the reason I firmly believe that social security should be protected and the retirement age shouldn’t be raised. But we need to do more. The out-of-control spending by the Democratic Congress puts our entire nation – seniors, hard working Ohioans, children, even those not yet born who will be asked to pick up the tab – in danger. We must cut spending to protect social security.

And we must strengthen what’s offered to seniors, such as ensuring every senior is assured access to their doctor. Medicare policies are making a physician shortage worse, and we must work to ensure a high-quality, prepared, pool of physicians to advise and treat Medicare patients.

 

 

Sponsored and Cosponsored Legislation

Session-112; Bill Number-H R 219; Social Security Preservation Act of 2011 - Cosponsor

Amends title II (Old Age, Survivors and Disability Insurance) (OASDI) of the Social Security Act to require the Managing Trustee of the Board of Trustees of the Federal Old-Age and Survivors Insurance Trust Fund and the Federal Disability Insurance Trust Fund (Social Security Trust Funds) to ensure that the annual surplus of the Social Security Trust Funds is invested in: (1) marketable interest-bearing obligations of the United States or obligations guaranteed by the United States; or (2) certificates of deposit in insured depository institutions. Outlines requirements for determining the annual surplus of the Trust Funds. Prohibits disinvestment of Social Security Trust Fund amounts from public debt obligations, any refraining from making such investments, or any delay in making normal deposits in such Trust Funds for public debt limit-related purposes. Authorizes, with certain conditions, the sale of Social Security Trust Fund public debt obligations for the payment of cash benefits and administrative expenses.

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