The Democratic Party of the San Fernando Valley has passed a resolution opposing
the phasing out of Social Security and pledging
not to support
any
Democrat who helps the Republicans pass such a plan. Maybe this is an idea we
should push for in our local Democratic committees (county or state level)?
(Text of resolution after the break)
News: DP/SFV Passes Resolution to Oppose Phasing Out Social Security
WHEREAS Social Security is the most successful domestic program in
American history, having provided a guaranteed retirement safety net for
millions of Americans since 1935, and
WHEREAS current Congressional Budget Office projections report the trust
fund will remain solvent through 2052, afterwards covering 81% of promised
benefits, with no change to the program, while transition costs alone for
abandoning Social Security in favor of private accounts are estimated at 2
trillion dollars, and
WHEREAS the so-called "crisis" in Social Security is a manufactured scare
tactic intended to bolster President Bush's plans to replace Social Security
with an unstable market-based system,
BE IT RESOLVED that the Democratic Party of the San Fernando Valley
opposes any effort to phase out and/or replace Social Security, in whole or
in part, in favor of a private accounts-based system, and
RESOLVED that the Democratic Party of the San Fernando Valley will not
endorse or support financially any Democratic candidate who expresses
support, advocates for, or votes for such a plan.
Passed 01/03/2005
(courtesy
Josh Marshal)