Grace Napolitano
Grace Napolitano
Graciela Flores "Grace" Napolitanois the U.S. Representative for California's 32nd congressional district, serving in Congress since 1999. She is a member of the Democratic Party. She previously served in the California State Assembly and the Norwalk City Council...
NationalityAmerican
ProfessionPolitician
Date of Birth4 December 1936
CountryUnited States of America
accept cannot destroy open social solution strengthen
We are open to any idea that would strengthen Social Security, but we cannot and will not accept a solution that will destroy it.
benefits cut disabled possibly receive
Today, those disabled while working receive benefit. Under the president's plan, those benefits would be drastically cut or possibly eliminated.
accounts allow cause definitely earnings investment private security social system workers
To allow all U.S. workers to put part of their earnings into private investment accounts would definitely erode the Social Security system and cause uncertainty for new investors.
concrete introduce president seen
We are still waiting for the president to introduce a concrete plan. He has just hinted at what he is thinking about doing, but no one has seen a proposal.
drain entire explain face fixed funding level people social ultimately undermine
We must level with the people and explain to them that Social Security will first face funding problems in 2042 that can be fixed now with changes that do not undermine and ultimately drain from the entire program.
security-systems erode earning
To allow all U.S. workers to put part of their earnings into private investment accounts would definitely erode the Social Security system and cause uncertainty for new investors.
safety risk investment
Because of my own experience with market fluctuation, I recognize the great risks one takes on investments. This converts the Social Security safety net into a risky proposition many cannot afford to take.
years ideas safety
For people who have for been putting their hard-earned money into the system for years, the president's idea would replace their safety net with a risky gamble with no assurance of a stable return of investment.
past years gamer
We must work to stabilize Social Security. We must not gamble with our nation's social insurance program, one of our most popular and effective federal programs that has remained dependable and stable for the past 70 years.
investing criticize investors
I am not criticizing investing in the stock market; I am an investor.
able reform social
Even without reforms, the Social Security fund will be able to meet 100 percent of its obligations until 2042.
years demise social
Social Security has been effective for 70 years; prior predictions of its demise have been totally overstated.
needs reform social
There is a need for Social Security reform to ensure its stability, and Congress must act.
retirement roles benefits
Because Social Security is specifically designed to boost the retirement income of low earners with a progressive benefit formula, the program has played an enormous and necessary role in keeping Latinas out of poverty.