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Titus Expresses Concern with Republican Plan to Privatize Social Security and Dismantle Medicare
February 5, 2010 – Washington, D.C. – Congresswoman Dina Titus of Nevada’s Third District released the following statement today on Republican plans that have been expressed over the past few days in interviews and opinion pieces to privatize Social Security and dismantle Medicare by turning it into a voucher program.
“As we debate ways to responsibly reduce our nation’s deficit while investing in vital areas that will create jobs and grow our economy, it is troubling that Republicans are again turning to a plan that would privatize Social Security and dismantle Medicare. Not only have these ideas already been soundly rejected by the American people, but as the deepest recession in a generation has shown us, having a guaranteed benefit of Social Security is critical for Southern Nevada’s seniors during a difficult economic time.
“It is clear that our current fiscal path is unsustainable and will hinder our ability to grow and prosper, but we need to look for innovative solutions that address our growing deficit while creating jobs and protecting our seniors. Adding trillions of dollars in debt with a risky privatization scheme that gambles seniors’ Social Security benefits in the stock market, as Republicans are again suggesting, is the wrong way to go.”
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