"Ryan: I Still Support Social Security Privatization" by Sahil Kapur at TPM
Ryan: I Still Support Social Security Privatization
by Sahil Kapur at TPM
http://tpmdc.talkingpointsmemo.com/2012/10/paul-ryan-defends-social-security-privatization.php?ref=fpnewsfeed
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In the vice presidential debate Thursday night, Paul Ryan confirmed that he still supports Social Security privatization but demurred that the idea of giving younger Americans the option to move their Social Security benefits into private retirement accounts is not part of the Romney-Ryan platform.
The Wisconsin congressman and House Budget Committee chairman talked up the concept when asked about his and Romneys backing of President George W. Bushs failed Social Security privatization plan.
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While Romney previously supported privatization, his official Social Security platform calls for incrementally raising the eligibility age and lowering benefits for high-income recipients. It does not mention the privatization proposal, but Ryans remarks are a reminder of that both members of the ticket previously embraced the idea.
Two Romney-Ryan campaign spokespersons did not respond to requests for comment as to whether Romney supports privatization.
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