- Daily Photo: Obama Jokes Around at G-20
- Blackwater gets replaced in Iraq
- Daily Photo: U.S. Marines Look Out for Taliban in Afghanistan
- Hillary Clinton the Tomboy and Her "Ah-Ha" Moment
- Obama Administration Sudan Envoy Headed to Region
- Daily Photo: Potential Flashpoint in Iraq
- Clinton Says New Afghanistan-Pakistan Plan Depends on Diplomacy
- Exclusive: Three Israeli Airstrikes Against Sudan
- Additional 4,000 Troops to Be Ordered to Afghanistan
- Daily Photo: Navy Submarine Trains in the Arctic
- Alarm Over North Korea Missile Prep
- Anti-Terror Stimulus? US Offers Rewards for Top Terrorists
- Daily Photo: Pakistani Women in Refugee Camp
- Condoleezza Rice Appears on "The Tonight Show"
- Diplomat and Aid Group Sound the Alarm on Darfur Camp Situation
- auto industry rescue
- Ballotwatch
- Biden, Joe
- Bush, George W.
- Clinton, Bill
- Clinton, Hillary
- Dodd, Chris
- Edwards, John
- Giuliani, Rudy
- Gravel, Mike
- Huckabee, Mike
- Hunter, Duncan
- Inauguration
- Iraq
- Kucinich, Dennis
- McCain, John
- Obama, Barack
- Palin, Sarah
- Paul, Ron
- Romney, Mitt
- Tancredo, Tom
- Thompson, Fred
- Veepstakes
- Vote 2008: Democrats
- Vote 2008: Republicans
- Washington
- White House
« Previous | Main | Next »
Thompson Offers Social Security Solution
Email
ShareOctober 05, 2007 3:46 PM
ABC News' Christine Byun Reports: Addressing an audience of anti-tax activists, Republican candidate Fred Thompson stuck to his usual script - highlighting broad issues and problems that face the country - but, also offered a solution to the growing costs of Social Security.
Thompson proposed offering the same level of benefits, but tying cost of living adjustments not to wages, but according to prices, that tend to increase more slowly.
"Benefits plus inflation would probably solve the problem for 75 years," Thompson said.
He brought the same proposal to an editorial board meeting with the Des Moines Register this past week while campaigning in Iowa. On Tuesday, Thompson said his plan would be a "simple change," and acknowledged that it would be "a tough, tough thing to do."
Thompson somberly warned the audience Friday: "There are things we can do now that doesn't have to hurt anybody and it will be much, much better than on the sustained path where if we do nothing, it's going to hurt everybody."
The former Tennessee senator and lawyer-lobbyist told the members of the national organization, Americans for Prosperity, that "not all solutions are found in Washington D.C." Thompson also railed on the nation's current tax code, calling it "a mess" and said that government is "locked into a mandatory spending pattern that's going to bankrupt the nation."
October 5, 2007 | Permalink | User Comments (2)
You can follow this conversation by subscribing to the comment feed for this post.
How can a plan be "simple" yet also be "a tough, tough thing to do"? He's looking worse every day. He seems like a nice man, though.
Posted by: Max Dembo | Oct 10, 2007 2:37:09 AM
Another example of republicans being out of touch with average americans. The old just "Let them eat cake" syndrome!
Posted by: Bec67 | Oct 10, 2007 9:31:43 AM
Post a comment
