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MARKEY: DON’T PRIVATIZE SOCIAL SECURITY OR DISMANTLE MEDICARE


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Washington, Jul 20 -

In advance of the 75th anniversary of Social Security, which was signed into law in August of 1935, Congresswoman Betsy Markey delivered the following remarks on the floor of the House of Representatives:
 
“As we debate ways to tackle our growing deficit and create jobs, I rise today to call on this Congress to reject proposals that would privatize Social Security or Medicare. Colorado seniors rely on Social Security and Medicare, and as we struggle to climb out of a deep recession, the security provided by these programs is more critical than ever.  

Dismantling Medicare and adding trillions of dollars to the deficit with a risky privatization scheme that gambles seniors’ financial security in the stock market is just the wrong way to go.

Rolling the dice on the financial security our seniors depend on—in a financial system that so recently almost collapsed—is reckless in the extreme, and has been roundly rejected by the American people.  

We can cut waste, fraud and abuse from Social Security and Medicare without cutting a penny in benefits, and I will fight to protect the promise we’ve made to America’s seniors.”  

Watch Rep. Markey on the House floor:

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