McClintock Wants to Take Your Earned Benefits

Social Security Does Not Add To The Federal Deficit

Tom McClintock isn’t always fully honest with his constituents but in one area, we know exactly where he stands. If you let him, he will slash the benefits you’ve spent a lifetime earning.

We’ve been paying into Social Security for most of our lives. It’s our contract with the government that’s supposed to be setting our money aside to return to us when we retire. But Republican politicians don’t like Social Security, and they’ve been looking for an excuse to undermine its viability for years. Their giveaway to the wealthy didn’t generate the growth they promised – as most of us predicted – so it’s now time to slash the budget. And they want to start with our retirement savings. Mitch McConnell and others are claiming that we must cut Social Security to fix the federal budget deficit but as this article explains, that makes no sense. Social Security is self-funded and doesn’t add to the federal deficit – unless you count the U.S. Government’s obligation to repay the money it’s “borrowed” from Social Security through the Trust Fund’s investment in U.S. Treasury bonds. And Tom McClintock seems to be on board. He’s a key member of a group of House Republicans, the Republican Study Committee, that has proposed slashing Social Security. They want to raise the retirement age to 70, limit cost-of-living increases, and make other changes designed to decrease our retirement income.

McClintock has spent his career putting the interests of his wealthy donors ahead of the interests of his constituents. He is selling us out, one vote at a time. This is one of the many reasons we oppose Tom McClintock. California’s Fourth District, and this country, deserve better.

Social Security Does Not Add To The Federal Deficit