Protecting Social Security
Senator Dorgan has worked with his Senate colleagues to ensure the well–being of the Social Security trust fund for future generations.
He strongly disagrees with previous efforts to dismantle and privatize the Social Security program, which for many years has provided a safe and dependable foundation for every citizen’s retirement plan.
These proposals, Senator Dorgan believes, would undermine the fiscal solvency of the Social Security program by diverting hundreds of billions of dollars of needed Social Security revenues into Social Security "private accounts."
Private account investments would then face the uncertainty of the rise and fall of the stock market instead of the reliability of the Social Security trust fund.
This fiscal policy could lead to future Social Security benefit cuts for many middle–income workers.
Senator Dorgan believes Congress should preserve the successful Social Security program and work to ensure Americans can continue to depend on it. He wants Congress to stop using Social Security surpluses for unrelated spending and to pay back the surpluses that they have already used.
As Social Security faces financial challenges as the baby boomers retire in the years ahead, Senator Dorgan will continue to work with his Senate colleagues from both sides of the aisle on reforms to extend the life of the Social Security trust fund for generations to come.
