Sr94

23 Jun: Resolution Against Social Security Privatization Passes Senate

TRENTON – The Senate approved a resolution today sponsored by Senators Barbara Buono and Shirley Turner that would call upon Congress to reject any plans by the Bush Administration to harm Social Security through the use of private accounts.

“The American people have spoken loud and clear on Social Security – they want it fixed, not destroyed,” said Senator Buono. “Hopefulluy that message is making its way to the Oval Office, but we need to keep speaking out against attempts to privatize Social Security and keep fighting for real reform that will keep the program solvent for decades to come.”

19 May: Buono Resolution Against Social Security Privatization Passes Committee

TRENTON – The Senate Budget and Appropriations Committee approved a resolution today sponsored by Senator Barbara Buono that would call upon Congress to reject any plans by the Bush Administration to harm Social Security through the use of private accounts.

“President Bush’s plan to privatize Social Security is just wrong. It’s wrong for workers. It’s wrong for retirees. It’s wrong for America,” said Senator Buono, D-Middlesex. “The only people who would benefit from this are stock brokers and mutual fund managers, who would see their fees skyrocket. Issues with Social Security’s long-term solvency do need to be addressed, but private accounts are not the answer.”