Cory Booker on Social Security
Mayor of Newark; N.J. Senator; 2020 presidential contender (withdrawn)
Senator Booker is also fighting to make saving for retirement easier and ensure that Americans' retirement savings are not depleted by unnecessary fees and bad advice.
ANALYSIS: Booker touched "the third rail" with his truthful sentiments on Social Security--that he believed that reforms might apply to younger workers. President George W. Bush made Social Security reform a valid topic for discussion, in his rhetoric of the early 2000s, but that only defused the third rail for Republicans. For Democrats like Booker, reforms are still something not even to be discussed--and Booker has paid the price for his honest indiscretion.
A: As the unpredictability and hardship of the last five years has made even clearer, we must make good on our promise to seniors and fight to protect Medicare and Social Security benefits.
For Social Security, Booker said he opposes raising the retirement age for most people in the country--except, perhaps, for people in their 20s or younger--because the country made promises to them. Cory Booker said he supports expanding Social Security and Medicare hours, following a press conference where his opponents challenged Booker on the issue. The Progressive Change Campaign Committee held a morning rally in Trenton with Booker's opponents pressing Booker on the Social Security issue. Later Booker took to Twitter to say that he wants to expand, not cut Social Security and Medicare, and that he opposes raising the retirement age. A week ago Booker said that he would consider voting to raise
But the case against Booker seems to rest chiefly on tone and approach. It seems clear Booker will not be riding to Washington on a wave of esteem from national progressives.
In response to the PCCC, Booker said that he believes that tying Social Security benefits to the Consumer Price Index or a change in the retirement age would constitute cuts to the program. Booker has found himself pressed by his opponents on the Social Security issue in recent weeks, [based on] the mayor's ties to Wall Street interests. Booker has long been a recipient of campaign contributions from those in the financial services sector.
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