Talk to Power: Sen. Cochran on Saving Social Security
Friday, July 25th, 2008Talk to Power continued…
Talk to Power host Judy Woodruff interviewed Senator Thad Cochran in November of 2007 in response to hundreds of questions and comments from Yahoo readers. Several topics were addressed. Today, the topic we are featuring is Senator Cochran’s view on Saving Social Security. Click here to read yesterday’s topic, “The Role of U.S. Troops.”
Saving Social Security
MS. WOODRUFF: Senator, a brief question about Social Security. I don’t know if any question about Social Security can be brief. This individual writes: “Senator, I would like to thank you for your service to our country and for the State of Mississippi, where I was raised and my parents still live. Is there any hope of a partial privatization of Social Security with the changes that occurred in this midterm election or is the issue completely dead?”
SEN. COCHRAN: Well, it’s probably sick, if not dead, because the new members of the House and Senate who’ve been elected give the Democrats a majority in both houses now, and there’s been a decided strong opposition on that side of the aisle to investments and other individually owned supplements to the Social Security system.
I don’t think any of us want to in any way endanger the Social Security system. The effort is to strengthen it and to give maybe more options for people to choose from in terms of their own personal interests and needs in a Social Security system. I think we will continue that quest, and I’m hopeful that we will be able to have alternatives that provide people a different level of income and financial support for their retirement years.
Next: NO CHILD LEFT BEHIND so Stay Tuned!
Click here to see video footage of Senator Cochran’s response. Also, click here to see the full article on Yahoo News!
