2004 former Democratic Challenger for Senate (AK; previously served as Governor)
Against Social Security and Medicare privatization
Knowles will stand strong against deceptive efforts to privatize Social Security and Medicare, two important pieces of legislation of the 20th century. The current policies weaken the ability of these programs to provide for Americans, and are a threat
to the integrity of the programs. Knowles opposes any efforts to cut benefits or raise the retirement age. Knowles does not believe in using the Social Security Trust Fund for general fund purposes.
Source: Campaign website, TonyKnowles.com
Jun 30, 2004
Maintain long-term solvency of Social Security and Medicare.
Knowles adopted the National Governors Association position paper:
The Issue
With the first federal budget surplus in a generation and estimates of non-Social Security surpluses ranging from $750 billion to $1.9 trillion over the next decade, the issue is whether Congress and the President will agree to dedicate a portion of the projected surplus to tax cuts and, if so, what the impacts on states might be.
Tax issues raise several concerns for states.
How much of the potential non-Social Security surplus should be dedicated to tax cuts and breaks?
Absent any consensus on long-term legislation to ensure solvency of Social Security and Medicare, would major federal revenue losses for tax cuts risk shifting substantial entitlement burdens to states?
How would federal tax changes affect state income taxes?
What are key elements for states of any future major tax bill? In school construction? For retirement? For housing and economic development? For health care?
NGA’s Position
NGA opposes reductions from current discretionary spending levels or changes that could risk the long-term solvency of the nation’s Social Security and Medicare systems. NGA supports provisions to ensure reduced barriers to state and local capital finance through tax-exempt bonds and to ensure maximum flexibility in setting and maintaining state retirement plans and programs.
Source: National Governors Association "Issues / Positions" 01-NGA16 on Aug 1, 2001
