Explore Candidates → President → Bob Barr on Social Security
Bob Barr
on
Social Security
- Abortion and Birth Control
- Civil Liberties and Domestic Security
- Crime and Punishment
- Education
- Environment and Energy
- Gay Rights
- Government and Elections
- Gun Control
- Health Care
- Immigration
- Internet and Media
- Iraq and Foreign Policy
- Medical Marijuana and Drug Policy
- Religion and Public Life
- Science
- Social Security
- Taxes and Budget
- Trade and Economics
“[Social Security] does illustrate an immoral program whereby the government takes, by threat of force, money from individuals and doesn’t even provide them an ownership interest in the program itself…. We have put forward, in our campaign, a very comprehensive program for personal, individual investment accounts. That is the way we need to be moving.”
Q: "What do you do with Social Security?" A: "Well what you do is you instantly institute savings account that are credited against social security taxes as an initial step. Then you take a look at who gets what, when they get it and you start calculating it so that you don't increase it every time that there is a cost of living or a raise of inflationary pressure. But the most important thing is to get that money and start empowering Americans to get that money into their control, into the free market."
Barr co-sponsored a bill creating personal retirement accounts within Social Security.
Personal Lockbox Act (H.R.4839) 00-HR4839 on Jul 12, 2000
Barr signed the The Senior Citizens Fairness Act which raises the Social Security earnings limit.
Contract with America 93-CWA9 on Sep 27, 1994
In 1994, [Barr voted to] reduce taxes on social security earnings and in 1995 voted no to strengthen the ‘lockbox’ of social security. In 2000, voted to reduce taxes on benefits and in 2001 voted to raise the 401k limits.