Phillips supports the following principles regarding Social Security:
Support a lock box measure, limiting Congress’s ability to spend Social Security and Medicare surpluses on any other federal programs
except Social Security and Medicare, until each program’s long-term solvency is guaranteed.
Allow workers to invest a portion of their payroll tax in private accounts which they manage themselves.
Source: National Political Awareness Test, Project Vote Smart 2000
Jan 13, 2000
Restore Trust Fund while privatizing
Money must be restored to the Social Security Trust Fund so that Americans who have been required to pay taxes into that system will get back every penny to which they are entitled - and we will do this even as we move toward the complete privatization
of the Social Security system. Individual Americans will take back from the bureaucrats and politicians control of their own retirement planning as befits the free citizens of a free society.
The privatization of Social Security and Medicare will help us avoid the danger of giving corporate & government bureaucrats control over the life & death of our people, in a context where the demand for health care is satisfied, not in accordance with
the checks & balances of the marketplace or the compassion of the doctor/patient relationship, but rather the political & bureaucratic determination of those for whom cost effectiveness may outweigh the sacred significance of each innocent human life.
Source: Speech to the Council for National Policy, McLean, VA
May 1, 1998
Click here for definitions & background information on Social Security.
