Nikki Haley on Social Security



Adjust retirement age to 70 for younger workers in their 20s

Q: You want to raise the retirement age for younger Americans, but you have not said what that age should be. Should voters in their 20s plan on working until they're 70?

HALEY: DeSantis voted to raise the retirement age to 73. When I said the retirement age was too low--and you can go to DeSantisLies.com--I said it's too low, if we're going to look at those in their 20s. We have to go and start looking at what we can do to get out of this. We want to make sure that everybody who was promised gets it.

Q: Just a clarification: should voters in their 20s plan on having to work until they're 70?

HALEY: They should plan on their retirement age being increased, yes. We're going to change it to reflect more of what life expectancy should be.

DeSantisLies.com: "LIE: DeSantis falsely claims Haley wants to raise the retirement age for retirees.

TRUTH: Haley has ONLY called for adjusting the retirement age for younger workers in their twenties.

Source: CNN 2024 pre-Iowa caucus one-on-one debate , Jan 10, 2024

Limit benefits on the wealthy; increases based on inflation

Any candidate that tells you that they're not going to take on entitlements, is not being serious. Instead of cost of living increases, we should go to increases based on inflation. We should limit benefits on the wealthy. And then expand Medicare Advantage plans. Seniors love that and let's make sure we do that so that they can have more competition. That's how we'll deal with entitlement reform and that's how we'll start to pay down this debt.

Fact Check: COLA definition from SSA.gov: Since 1975, Social Security's general benefit increases have been based on increases in the cost of living, as measured by the Consumer Price Index [a measure of the rate of inflation]. We call such increases Cost-Of-Living Adjustments, or COLAs. We determined a 3.2% COLA on October 12, 2023.

Fact Check by UsInflationCalculator.com: The annual inflation rate for the US was 3.7% for the previous 12 months, according to Labor Department data published on Oct. 12, 2023.

Source: NBC News 2023 Republican primary debate in Miami , Nov 8, 2023

Raise the retirement age to reflect life expectancy

We need to understand that Social Security will go bankrupt in 10 years; Medicare will go bankrupt in eight. But we shouldn't take away from anyone who's put into the system. Everyone who's been promised should get it. My kids are in their 20s. They're the ones we go to and we say, "We're raising the retirement age to reflect life expectancy." We limit benefits on the wealthy. Instead of cost of living increases, let's do increases based on inflation. And let's expand Medicare Advantage plans.
Source: CNN Town Hall: interviews of 2024 presidential candidates , Jun 4, 2023

Social Security reduced rampant poverty among elderly

President Franklin Roosevelt's New Deal changed how Americans thought about the federal government. People were suffering, and the private sector was viewed as having failed. So the American people, under Roosevelt's direction, turned to government. It was a government that appeared more compassionate and caring but was at the same time more aggressive and intrusive.

Some of the government interventions of that time and of the previous progressive era are things we now take for granted. Social Security as a way to reduce rampant poverty among the elderly. Child labor laws and minimum-wage and maximum-work-hour-laws to curb some of the roughest edges of the capitalist system. The ability to voluntarily join an industrial labor union. We would no more look to undo these innovations than we would seek to return to the pre-civil rights era laws on race discrimination. They have become a part of the American fabric, and it's a good thing they have.

Source: Can't Is Not an Option, by Gov. Nikki Haley, p.235 , Apr 3, 2012

Public service retirees: no COLA; no spiking; no double-dip

The size of our pension system's unfunded liability has ballooned from $199 million in 1999 to $17 billion this year. If we are to honor our commitments to those who have already dedicated their careers to public service, then no one can dispute that this is an issue we must resolve to deal with today.

Our current policy of automatically awarding cost of living increases is irresponsible and unsustainable. To protect our pension funds, we must stop granting cost-of-living increases to our retirees in years when the funds are losing money. It may not be politically popular, but it's the only responsible thing to do.

There are a number of other reforms that we must adopt in order to shore up the retirement systems and to curtail further abuses. We need anti-spiking provisions that keep employees from using sick leave and vacation to artificially inflate their pension payouts. For new enrollees, we need to close the doors to the TERI program once and for all to prevent double-dipping.

Source: 2012 S.C. State of the State Address , Jan 18, 2012

Other candidates on Social Security: Nikki Haley on other issues:
2024 Republican Presidential Candidates:
Ryan Binkley (R-TX)
Gov. Doug Burgum (R-ND)
Gov. Chris Christie (R-NJ)
Gov. Ron DeSantis (R-FL)
Larry Elder (R-CA;withdrew)
Gov. Nikki Haley (R-SC)
Rep. Will Hurd (R-FL;withdrew)
Gov. Asa Hutchinson (R-AR)
Perry Johnson (R-IL)
Mayor Steve Laffey (R-RI)
Former V.P.Mike Pence (R-IN;withdrew)
Vivek Ramaswamy (R-OH)
Sen. Tim Scott (R-SC)
Secy. Corey Stapleton (R-MT)
Mayor Francis Suarez (R-FL;withdrew)
Former Pres.Donald Trump (R-NY)

2024 Democratic and 3rd-party primary candidates:
Pres. Joe Biden (D-DE)
V.P.Kamala Harris (D-CA)
Robert F. Kennedy, Jr. (I-NY)
Chase Oliver (L-GA)
Rep.Dean Phillips (D-MN)
Jill Stein (Green)
Cornel West (Green Party)
Kanye West (Birthday Party)
Marianne Williamson (D-CA)
Civil Rights
Foreign Policy
Free Trade
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Gun Control
Health Care
Homeland Security
Social Security
Tax Reform

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