but not at the expense of social security. on top of social security. my plan is social security plus. the governor's plan social security minus. your future benefits would be cut that by the amount that is diverted into the stock market. and if you make that investments, that's too bad. but even before the problem hits, because the money contributed to social security this year is a entitlement. that's how it works. and the money is used to pay the benefit for seniors this year. if you cut the amount going in. one out of every six dollars, then you have to cut the value of each checked by one of every six dollars unless you come up with the money from somewhere else. i would like to know from the governor. i know we're not supposed to ask each other questions. but i would be interested in knowing. does that trillion dollars come from the trust fund or does it come from the rest of the budget? >> now. there's enough money to pay seniors today in the court of years of social security. the trolling come from the surplus. surplus is more money than needed.

on top of social security. my plan is social security plus. the governor's plan is social security minus. your future benefits would be cut by the amount that is diverted into thek stock market. and if you make bad investments, too bad. but before then, the problem hits, because the money contributed to social security this year is an entitlement, and this is how it works. the money is used to pay the benefits for seniors this year. if you cut the amount going in 1 of every $6, then you have to cut the value of every check by 1 of every $6 unless you come up with the money from somewhere else, and i would like to know from the governor and i know that we are not supposed to ask each other questions, but does that trillion dollars come from the trust fund or from the rest of the budget? >> no. there is enough money to pay the senors tod s t-- the seniors fr current surplus, and the surplus is more than needed. your plan is not social security plus, it is social security plus huge debt. you are leaving the future generations with a huge ious and

my plan is social security plus. the governor's plan is social security minus. security would be cut. problem hits because the money contributed to social security this year is an entitlement. the money is used to to pay the benefits for seniors. ,f you cut the amount going in then you have to cut the value of each check unless you come up with the money from somewhere else. i would like to know from the governor -- i know we are not supposed to ask each other questions -- but i would be interested in knowing does that $1 trillion come from the trust fund or does it come for the rest of the budget? >> there is enough money to pay seniors today and the current affairs of social security. the $1 trillion comes from the surplus. it is more money than needed. let me tell you your plan. it is social security plus debt. usually future generations with ious. it is time to have a leader that does not put off tomorrow we should do today. it is time to have somebody to step up and say, look, let us let younger workers take some of their own money and, under certain guideli

income but now donald trump is threatening to defund social security, neighbors depend on social securityource of income and for a president to break his promise to us is unconscionable. before covid-19, social gatherings and so much more but everything changed. covid-19 turned my life upside down, trying to keep in touch with friends over the phone but it is simply not the same. i am fortunate to be living with my daughter who works from home but i don't ever leave my house unless it is to purchase groceries and essentials every two weeks. the simple truth, it didn't have to be this bad. none of us want to live a life at home in front of the computer screen and if donald trump hadn't lied to us and decided to take this virus seriously things might be different for florida seniors. this administration has written seniors off as expendable. guess what? we aren't and we won't. the president has been a disaster for seniors. we deserve better, we deserve a leader who cares about us. i know joe biden will look after us, he will strengthen social security and i know he has a real plan to beat c

more sound by reducing the adjustments in social security for the retired people, to compensate for the impact of inflation. these kinds of approaches are very dangerous to the security and well-being and peace of mind of the retired people of this country, and those approaching retirement age. but no matter what it takes in the future to keep social security sound, it must be kept that way. although there was a serious threat to the social security system and its integrity during the 1976 campaign when i became president, the action of the democratic congress working with me has been to put social security back on a sound financial basis. and that is the way it will stay. >> governor reagan? fmr. governor reagan: that just isn't true. it has delayed the actuarial imbalance falling on us for just a few years, with that increasing taxes. and i don't believe we can go on increasing the taxes because a problem for the young people today is, they are paying in far more than they can ever expect to get out. this statement that somehow i wanted to destroy it and just ranged i tune, that i

all the have a social security. i remember sitting at the social security office with my grandma because our thought was that she would get both her check and my grandfather's check but the woman said you'll get a death benefit which was about $300 in my grandma said when will i start getting willy's check? and the woman said you will not. you will get the higher of the two. and it was like some of the punch my grandma and i got because she was thinking oh my, how do i pay for all these things? folks deserve the money that they have put into this system. lindsey graham said, he said that social security and medicare are promises we can keep. senator, i am sorry they are not promises. people have paid into the systems. they deserve to get the money back they put into it. that is the livelihood they have. sen. graham: man? number one, you want a senator who can fix a problem you have to acknowledge you have a problem before you can fix it. in 1950 there were 16 workers for every social security recipient and now we ar

there is something else about social security that does not come out of the payroll tax commit comes out of the general fund. something should be done about that. it is disgraceful that the disability insurance fund in security finds checks going every month to tens of thousands of people locked up in our institutions for crime or mental on this and they are receiving disability checks from social acurity every month while state institution provides all of their needs and care. mr. smith: president carter, you have the last word on this question. mr. carter: i think this debate on social security, medicare, national health insurance typifies, as vividly any other subject tonight, the basic historical differences between the democratic party and the republican party. the allusions to basic changes in the minimum wage is another, and the deleterious comments that governor reagan has made about unemployment compensation. these commitments that the democratic party has historically made to the working families of this nation have been extremely important to the growth in their stature and

and i planned my retirement around that income but now donald trump is threatening on social security president to break his promises unconscionable especially in the middle of a pandemic. before covid-19 way weeks virginia and with meetings, social gatherings, trips and so much more but then everything change changed. covid-19 has turned my life upside down and now i try to keep in touch with friends over the phone but it's not the same i am incredibly fortunate to be living with my daughter who works from home but i don't ever leave my house disco to get essentials every two weeks they did not have to be this bad but if donald trump and decided to take the virus seriously things may be different florida seniors that they have written off seniors will guess what? we are not and we vote the president has been a disaster for seniors and we deserve better we deserve a leader who cares about us. i joe biden will protect us and strengthen social security and lower the cost of prescription drugs and has a plan for covid-19 so we can see our kids and grandkids again and get life back to nor

but now donald trump is threatening to defined social security.ors depend on social security -- defined -- as their sole source of income. and for a president to break his promise to us is unconscionable, especially now in the middle of a pandemic. before covid-19 and my weeks were jammed with so many things, meetings, social gatherings, trips and so much more, but then everything changed. covid-19 has turned my life upside down. meetings are over zoom now and i try to keep in touch with friends over the phone, but it is simply not the same. i am incredibly fortunate to be living with my daughter who works from home, but i don't ever leave my house and less it's to purchase groceries and essentials every two weeks. the simple truth is, i -- it didn't have to be this bad. none of us want to live our lives at home in front of the computer screen. and if donald trump had not lie to us and he had decided to take this virus seriously, things might be different for florida seniors. but this administration has written seniors off as expendable. well, gue

the social security act passed in 1935, gave us unemployment insurance, social security and our welfare system known as aid to dependent children designed to help the children of parents, of mothers left to raise their children alone. the fair labor standards act passed in 1938 set that 40-hour workweek. it put the ban on child labor. other things she did, fha insurance. she was the primary booster of the civilian conservation corps, the largest single supporter of the wpa. truly this was a really remarkable woman. now, it's a little interesting and unusual that i came to write this book. i came from a staunchly republican family. i actually came from a family of roosevelt haters. but when i came to washington, d.c. in 1988 as a young business reporter, one of the first things i did as i learned my way around town was a trolley bus. and the first thing i notice was the frances perkins department of labor. as those of you who live in washington know, there's very few buildings in washington named after women. so i noticed it and filed it away and wondered who was frances perkins? i had n

we will the payroll tax pays for medicare and social security. medicare and social security. the social security actuary says your that would be depleted three years from now if that one fourth. these are called entitlement programs which can give the perception people deserve these programs but the truth is the american american people have paid into these programs with every paycheck over the course of their lifetimes. what be our plan moving forward? moderator: senator graham? sen. graham: let me take about me and social security. i'm the first in my family to go here to college. neither one of my parents finish high school. my dad was a world war ii veteran. we owned a liquor store and a bar. you cannot afford not to get stick because if you get -- if you don't work you do not get your wife paid. we were uninsured and got wiped out. 15 months later my dad died. if it was not for social we would makeif it was not for social security benefits, we will would not of gotten -- we -- we would not have made it. i am a republican, i get that, i do. what would i do to save social

the budget surplus to saving social security. four years we will pay off all the national debt this nation accumulated in our first 200 years. this will put us on the path to completely eliminate the debt by 2012, keeping america prosperous far into the future. [ cheers and applause ] but there's -- there's something else at stake in this election that's even more important than economic progress. simply put it's our values. it's our responsibility to our loved ones, to our families. and to me family values means honoring our fathers and mothers. teaching our children well. caring for the sick. respecting one another. giving people the power to achieve what they want for their families. putting both social security and medicare in an iron clad lock box where the politicians can't touch them, to me that kind of common sense is a family value. hands off medicare and social security trust fund money. i'll veto anything that spends it for anything other than social security and medicare. getting cigarettes out of the hands of kids be

think of that, increasing social security benefits.nd yet when they had the opportunity they took 750,000 people off the social security roll. i wonder if they think they can fool the people of the united states with such poppycock as that. there's a long list of problems in the republican platform. if it weren't so late, i'd tell you about all of them. i've discussed a number of these failures of the republican 80th congress, and every one of them is important. two of them are a major concern to nearly every american family. the failure to do anything about high prices and the failure to do anything about housing. my duty as president requires that i use every means within my power to get the laws the people need on matters of such importance and urgency. i am therefore calling this congress back into session on the 26th of july. [ cheers and applause ] >> on the 26th day of july, which out in missouri we call turnip day, i'm going to call that congress back and i'm going to ask them to pass laws halting rising prices and to meet the

>> it affects social security and a couple of ways. an important one is stagnant wages means lower revenues going into the social security trust fund. more wages are but the tax maximum and that affects their revenues going and and a key revenue source for social security has a negative effect on the system. >> thank you. we'll want to work closely with you and senator cassidy and senator hassan and my colleagues because by my reading if you look at several decades with wages stagnating wages have gone through the roof while middle-class wages have been stagnant and the result is so security takes in less and less funding over time and we have a demographic tsunami that the program is facing. mr. director thank you for the answer to that and the answer to the unemployment insurance and i'm going to repeat for my colleagues i thought the direction the team did professional work on the prescription drug issue but no one thought the senate finance committee could produce a bill that has a fair amount of bipartisan support including chairm

it had nothing to do with the debate on social security. it had to do with the discussion we had had the previous day on the overall question of reducing the budget. warner: my question is: aren't you demagoguing the social security issue? dukakis: no, and i have to -- [applause] dukakis: i just have to correct the record. that simply isn't true. now, we're not a parliamentary body, the national governors association. we vote on resolutions. if you don't get a two-thirds, then your resolution doesn't pass. but everybody knew that those of us who voted against the freezing of colas did so, we did so emphatically. and i never made that statement; never would. the point is that as we look at this nation's future, and we have two very different visions of this future. i want to move ahead. the vice president talks about a thousand points of light. i'm interested in 240 million points of light. i'm interested in 240 million citizens in this country who share in the american dream, all of them in every part of this country. but as we look at the

how many of you know someone on social security, please raise your hand? how many of you know someone who is receiving unemployment insurance, or who has ever received unemployment compensation? okay, friends perkins work. how many of you know someone who is working a 40 hour week generally more less? france inspirations worked. how many of you know a 12-year-old whose quite going to school, so she could work full-time in a factory? frances perkins work. her ban on child labor, enacted in a fair label standards act, made it possible to keep kids in school longer, instead of in mills and factories. let me start by telling you a little bit, it's awfully noisy here, but let me start about telling you a little bit -- i wanna read a little bit of the prologue from my book so that you know a little bit more about the breath of frances perkins accomplishments. on a chilly february night, in 1933, a middle aged woman waited expectantly to meet with unemployment at the residence on each 63 are new york city. she clutched a scrap of paper with hastily written notes.

social security. it always works that way. i am precinct politics in texas and i've seen it at the national level. we have made the social security trust fund sound. and it is gonna be operating its surpluses, and i don't want their liberal democratic congress to spin out of that social security trust fund or go and take the money out for some other purpose. i don't want that. and i will not go in there, and suggest changes in social security. i learned that the hard way. and the governor and i, both support it, slipping the cold for a one-year. he supported it at the national governors conference. and i supported it in breaking a tie, in a major compromise package. and we got a sale, by the democrats in the election over that. and i am going to keep that social security trust fund sound, and keep our commitment to the elderly, and maybe down the line, maybe when you get two decades, or one, into the next century, you're gonna have to take another look at it. but not now. we do not have to do it. keep

medicare, i want to focus on social security.are looking for specifics. would you raise the social security tax coming out of paychecks? would you raise the age someone gets full social security benefits. looking for specifics on what you want to focus on in a second term, what would you do specifically with social security? >>perdue: i would protect medicare beneficiaries. the greatest threat to them, i'll get to the internet. i've not heard anything from john ossof yet. the greatest threat to it is all the democratic spending they wanted to put medicare and social security in great jeopardy. i believe you can fall social security by working on several things, you protect the beneficiaries and make sure nothing happens to them. you have to keep career politicians operating the trust fund and in the meantime, more talk, more entitlement, no real solution. the democratic spending between socialized medicine and green new deal, would jeopardize medicare beneficiaries and social security beneficiaries. >> where would your focus be?

, social security will 2023 with no way

into the social security trust fund. [inaudible] that affects the revenues going in and the key revenue source for social security is a slow wage growth and has a negative effect on the system. >> thank you. we will want to work closely with you and chairman cassidy and senator haskin and colleagues because by my reading if you look at several decades of, in effect, rages stagnating and other income have gone through the roof while middle-class wages have generally been pretty stagnant and the result is social security takes left funding over time and we all understand the demographics that the program is basing so mr. director, thank you for the answer to that and thank you for the answer to the unemployment insurance and i want to repeat for my colleagues that i thought the director and his team did particularly professional work on the prescription drug issue because nobody thought the science committee can produce a bill which had a fair amount of bipartisan support, including chairman cassidy and we took a fresh app

it had nothing to do with social security. >> my question is aren't you demagoguing social security? >> no, and i just have to correct the record. that simply until true. now, we're not a parliamentary body. you vote on rez executions if you don't get a two-thirds your resolution doesn't pass. everybody knows those who voted against c.o.l.a.s, we did so, we did so empathically, i never made that statement. never would. the point is, as we look at this nation's future and we have two very different visions of this future. i want to move ahead. the vice president talks about a thousand points of light. i'm interested in 240 million points. i'm interested in 240 million citizens in this country who share in the american dream. all of them, in every part of this country. but as we look at the decisions that the next president of the united states is going to have to make, i just don't believe the place you go first, those programs, those so-called entitlements which provide a basic floor of income and a modest amount of medical care for the elderly, for the disabled. for people who can't

social security has been called the third rail of american politics.one you're not supposed to touch, because it might shock you. but if you don't touch, it you cannot fix it. and i intend to fix it. to the seniors in this country, you earned your benefits. you made your plans, and president george w. bush will keep the promise of social security, no changes, no reductions, no way. our opponents will say otherwise, this is their last 14 employee. and don't believe a word of it. now is a time, now is a time for republicans and democrats to end the politics of fear, and safe social security together. for younger workers, we will give him the option, your choice, to put part of your payroll taxes into sound, responsible investments. this will mean a higher return on your money, in over 30 or 40 years, a nest egg to help your retirement or to pass on to your children. when this money is in your name, then your account, it's just not a program, it's your property. now is a time to give american workers security, and independents, that no politician can ever

to change social security."ctuary said if the changes he puts in place occur that , social security will be bankrupt in 2023. so, go home and tell your parents and grandparents just what trump's about to do. i'll protect social security, medicare and medicaid. but folks, nothing's worse that this president has done than the way he spoke about those who served in uniform. he called them "losers and suckers." my son, beau, gave up the attorney general seat in the state of delaware to volunteer to go to iraq for a year. he won the bronze star, the conspicuous service medal. he wasn't a loser or a sucker. he was a patriot, so many of you as well. [cars honking] [cheers and applause] no wonder the six generals who worked directly for the trump administration have left and they say, "he does not deserve to be the commander-in-chief of the united states." that's never happened to any president before. and that's why special operations commander stanley mcchrystal, navy seal commander admiral craven along with 24 , star

it, by mid-2023 there will be no money for social security.he relentless effort to eliminate the of portable care act which provides health care coverage for 22 million people. 100 million with pre-existing conditions. he has already cost 10 million people their health insurance because the companies have gone bankrupt. it is unconscionable. he's trying to take your health care away. it's literally before the supreme court as i speak, to strike down the entire affordable care act. 182,000 nevadans. take away protection for pre-existing conditions. complications from covid could very well be the next pre-existing condition. tossing out the affordable care act that allows children to be covered on their parents' insurance policy until at least 26, taking us backward where insurance companies could charge a woman more just because she's a woman. take away medicare benefits for seniors, increased drug prescription costs, and just as he vowed to "terminate" the funding for social security. the idea that in just a few years to put at risk for hundre

the vice president did call social security a few years ago, basically or largely a welfare program. it isn't. it's a contract between generations. it's something that we pay into now so that we will have a secure retirement, and our parents and grandparents will have a secure. torment it's a very sacred contract and i believe in. it so that's not where we ought to go. there are plenty of places to. cut there's a lot we can do in the pentagon, were dishonest contractors have been lining the pockets of expense of the american taxpayer. there are -- we certainly ought to be able to give our from families a decent income without spending 20 to 25 billion dollars a year in farm subsidies and i'm sure we can do that. that's where we at the go in those are the programs that we ought to review first. >> one minute for the vice president. >> let me take him on this question of farm subsidies. we have a fundamental different approach on agricultural. he favors this supply maintenance or protection controls. he said that. he's been up in the states saying, that in these midwestern state. i don'

social security. the actuary said the changes he puts in place occur, social security would be bankrupt in 2023. so go home and tell your parents and grandparents what trump is about to do. i will protect social security, medicare and medicaid. [honking] folks, nothing is worse that this president has done in the way he talks about those who serve in uniform. he called them losers and suckers. my son beau gave up the attorney general's seat in the state of delaware to volunteer to go to i raq for a year. he won the bronze star, the distinguished service medal. he wasn't a loser or sucker. he was a patriot. [honking] so many of you as well. no wonder the six generals who worked directly for the trump administration have left and says he does not deserve to be the commander-in-chief of the united states. that has never happened to any president before. [honking] that's why special operations commander stanley mcchrystal, navy seal commander admiral along with 24 stars endorsed me because they trust me.

purdue: to protect social security and medicare. donna: henneman, that is all the time we have a questions. each candidate will now have 60 seconds for closing statement. senator purdue you get the first closing statement. mr. purdue: thank you donna. i think the viewers concede tonight that what i'm saying is exactly right. these desperate and say anything to hide his radical socialist agenda. he wants a renewed deal party was to defund the police . close military bases in georgia party was to force socialized medicine . in my for your business career, but on how to create tens of thousands of jobs. to make a difference and get results for georgia. we . the greatest economic turnaround in u.s. history after eight years of total disaster under barack obama and joe biden. we are building a military back we are confirming judges that will not make law. we are now achieved energy independence waited so right now, and i think that georgia is very clear. just seems to me that he is standing together briefly standing and we can solve the

he lied about social security. you saw that. social security. won't tell you the truth about decades-long quest -- he had a decades-long quest to renegotiate social security and medicare, and he said he did not do it. we have a tape here someplace. do we have the tape? i hope it works better than the big ten tape. play both videos so we have one quick. >> i never said i oppose fracking. >> you said it on the tape. >> show the tape. put it on your website. >> i'll put it on. >> would there be any place for fossil fuels, including coal and fracking, in the biden administration? pres. trump:turn it up. >> no, we would work it out. we would make sure it is eliminated. fracking?out safe >> no new fracking. you got to transition away from it. you're going to ban fracking all america now, right? >> i would love to. >> i would love to, too. i guarantee -- i guarantee we are going to end fossil fuels. pres. trump:ok. so there he said -- social security. >> have you been on the floor of the senate -- you were in the senate a few years, time and time again

massively cut your social security and your medicare. and it's all part of the war on the middle class. i don't think he -- i don't know, i don't know what he's thinking. i'd never seen a politician that wants to hurt social security and then denied it but you will see it in a second because you don't have to take my word for it, just listen to biden explain his crazy views and crazy plans just a little while ago, so roll out the video. i do this because i love this state. i spent a fortunate for that so i hope it works. i hope it works. >> the way you pay for is rolling back unpredicted tax cuts, that's why i will eliminate trump tax cuts. i would repeal the 2 trillion-dollar tax cuts. first thing i would do is eliminate the president's tax cuts. reverse the trump tax cuts. >> president trump has laid out a plan to increase taxes. >> when would you make the changes is my point because the economy is in a bad state? would you wait for unemployment to go under 2%? >> no, no, i would make the changes on corporate taxes on day one. bingo. ♪

and social security is an issue where senator quayle voted eight times to cut the benefits on social security, where this administration came in and tried to cut the benefits, the minimum benefits, $122 a month for widows, for retirees, tried to cut the benefits for 62-year-old retirees by 40%, tried to do an end run on social security when they first came in after promising not to cut it to cut it by some 20 billion, and while we were working together to reform the social security system and to be certain that that money was going to be there for people when they retired. at that point, they tried a $40-billion end run to cut social security. now, the record is clear. and we saw vice president bush fly back from the west coast to break a tie in the united states senate. he doesn't get to vote very often in the senate, but he made a special trip to come back and vote against a cost-of-living increase. now, when you talk about social security, the people that are going to protect it are the democrats that brought forth that program. and i think it's very important that we not see these

what would you do specifically with social security?rst of all i would are taxed beneficiaries but the greatest threat and i will get to that antonette i have not said anything about jon ossoff yet. i will tell you the greatest threat is all the democratic spending that they want to do that puts medicare and social security in great jeopardy. right now believe you can solve social security by working on several different things but you've got to protect the beneficiaries and make sure nothing happens. you've got to grow the economy keep career politicians from raiding the trust fund and the meantime what they want to do is basically more entitlement and so there is no more real solution.n the democratic spending between socialized medicine and the green new deal with definitely jeopardize medicare beneficiaries and social security beneficiaries. >> where would your focus be in getting more money? social security or curtailing the benefits i'm asking specifically where's your focus going to be on that? >> it's a business guy you work on

on social security. raising the age limit is not the way to go. the question for senator mariannette miller-meeks, the level of taxation on an unfairly penalized self-employed but also the workers who work for a company in their level of taxation. how would you put out a plan to keep social security solvent for decades? >> bipartisan groups have come together before to address issues like social security. it happened under ronald reagan and it will take that again for anybody running for office but we need to look at the ways to make sure social security, young people are concerned there will be no social security for them. this is a program we pay into, not an entitlement, people getting a return for what they paid into so looking at bipartisan consensus if you raise taxes on small businesses small businesses grow and become large businesses and employ people and if you are a small business owner you are paying 50.4% so the rest of your overhead because you pay the employer and employee so small busines

bush will keep the promise of social security, no changes, no reductions, no way. our opponents will say otherwise. this is their last parting ploy. and don't believe a word of it. now is the time, now is the time for republicans and democrats to end the politics of fear and save social security together. for younger workers we will give you the option, your choice. to put part of your payroll taxes into sound, responsible investments. this will mean a higher return on your money. and over 30 or 40 years, a nest egg to help your retirement, or to pass on to your children. when this money is in your name, in your account, it's just not a program, it's your property. now is the time to give american workers security and independence that no politician can ever take away. [ cheers and applause ] on education, on education too many american children are segregated into schools without standards, shuffled from grade to grade because of their age, regardless of their knowledge. this is discrimination. pure and simple. the soft bigotry of low expectations. and our nation