Because of their low earnings and family obligations, Latinas would not be putting much money into private investment accounts. An average Latina could wind up losing thousands of dollars under this proposal. — Grace Napolitano Copy Share Image
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. — Grace Napolitano Copy Share Image
Because of my own experience with market fluctuation, I recognize the great risks one takes on investments. This converts the Social Security safety net… — Grace Napolitano Copy Share Image
Latinas' life expectancies are relatively long. When a current retiree hits 65 and begins receiving her benefit check, she can expect to live another… — Grace Napolitano Copy Share Image
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… — Grace Napolitano Copy Share Image
Our Hispanic community needs to understand how important the Social Security system is for not only its retired citizens, but also its disabled workers. — Grace Napolitano Copy Share Image
There is a need for Social Security reform to ensure its stability, and Congress must act. — Grace Napolitano Copy Share Image
Because of their low earnings and family obligations, Latinas would not be putting much money into private investment accounts. An average Latina could wind… — Grace Napolitano Copy Share Image
Because Social Security is specifically designed to boost the retirement income of low earners with a progressive benefit formula, the program has played an… — Grace Napolitano Copy Share Image
I am not criticizing investing in the stock market; I am an investor. — Grace Napolitano Copy Share Image
A Congressional Budget Office report released as recent as June 2004 says the system will be able to pay full benefits until 2052, and… — Grace Napolitano Copy Share Image
The president's claim that Social Security is going broke is misleading at best. The sky is not falling, although there is no doubt that… — Grace Napolitano Copy Share Image
If Congress doesn't raise taxes, you cannot get a private investment account without forgoing a portion, possibly all, of your guaranteed benefit check. — Grace Napolitano Copy Share Image
President Bush has consistently used rhetoric, and that is not convincing given his past record. — Grace Napolitano Copy Share Image
