In Pennsylvania, Clinton Plans To Protect Social Security and Help Families Save For Future
At a town hall in Greensburg, Hillary Clinton outlined her plan to help families in Pennsylvania have a secure retirement. Her proposals would help families save, strengthen defined benefit pensions, and strengthen Social Security and Medicare for future generations. Through her American Retirement Accounts Plan, Clinton would offer 3.4 million Pennsylvania families up to $1,000 in a matching tax cut to save. In addition, Clinton said she would shore up employer-sponsored pensions pledged to protect Social Security from Bush-McCain privatization efforts.
"When I’m President, privatizing Social Security will be completely out of the question. That's a big difference between Senator McCain and me. Senator McCain said something stunning the other day – he pledged to continue President Bush’s attempt to privatize Social Security," said Clinton. "He's already promised to continue George Bush's failed Iraq policy and to make permanent his tax breaks for the wealthy few. Now, he's taking up President Bush's assault on Social Security. In a nutshell, that’s John McCain's plan for America: four years more of the same. You don't need to look any further than Bear Stearns and Wall Street lately to know that our workers and seniors simply can’t afford the Bush-McCain privatization gamble."
At the town hall, Clinton was joined by Sherry and Terry Donato from LaTrobe, PA. Terry works as a self-employed truck driver, and Sherry is working two jobs to help make ends meet for their family. With two teenage sons and costs for tuition looming, they are concerned about their ability to save for retirement.