BOB CONAWAY [Candidate in Caifornia's 8th Congressional District] DEMANDS PAUL COOK TELL US IF HE SUPPORTS PAUL RYAN's PATH TO PROSPERITY WHICH CUTS SOCIAL SECURITY & MEDICARE

Our Social Security system is under attack by its enemies. Paul Ryan, the spritual guru for the Republican leadership in Congress has a plan which Paul Cook has not condemned  as Bob Conaway urges he should. What is the Paul Ryan's plan that Paul Cook has been unwilling to condemn?

Social Security Goal	Ryan's Plan
Do not privatize Social Security	Allows workers age 55 or younger to invest a large portion of their Social Security taxes in the stock market. Diverts $1 trillion from the Social Security Trust Fund, where benefits are guaranteed, to the casino of Wall Street. Puts the government on the hook for stock market losses.
Do not cut benefits	Cuts benefits by 40% for middle-income workers making about $43,000. Cuts benefits by 50% for middle-income workers making about $70,000. Cuts benefits even more for higher-income workers. [Estimates from the Center on Budget & Policy Priorities]
Do not raise the retirement age	Raises the normal retirement age to 68 by 2027, and increases it every two years so it will reach 70 later this century. Raising the retirement age to 70 is about a 20% benefit cut.

Source: http://www.strengthensocialsecurity.org/ryan. It is easy to see the attacks on our benefits, but they also attack our earned benefits by dismantling Social Security's infrastructure and services, consisting of closing 80 Social Security field offices and 500 contact stations.
House Budget Committee Chairman Paul Ryan's latest "Path to Prosperity" budget includes deep cuts to the social safety net, including Medicare, Medicaid and food stamps, as well as a tax reform plan that should have the 1 percent and multinational corporations jumping for joy.
According to the latest numbers, the program can pay full benefits until 2033, and close to full benefits for decades after that, with literally no changes at all. One simple tweak – eliminating the cap on the payroll tax, which currently exempts any income above $117,000 – ensures the program's solvency for 75 years. So any talk of radical Social Security changes should be prefaced with an explanation of why such changes are necessary.

Source: http://www.usnews.com/opinion/blogs/pat-garofalo/2014/04/01/paul-ryans-2015-budget-continues-the-social-security-kabuki-dance
Bob Conaway states: "PAUL COOK needs to tell us what his intentions are about supporting Paul Ryan's 'Path to Prosperity Plans'. I will oppose such reckless plans based upon false premises."

                                                                                                                

Bob Conaway for Congress (CA-08)

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