Dr. Helen Horvath

FOR CONGRESS, 50TH DISTRICT

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FEC Candidate ID:  C00717207

(c) 2019 authorized and paid for by Helen Horvath for Congress.

2127 Arnold Way, Ste 2311

Alpine, CA 91901

Phone:  619-249-1393

Email:  horvathcampaign@gmail.com

SOCIAL SECURITY AND YOU!

30 years ago, Congress funded a report with recommendations to change Social Security retirement benefits. 

Currently the Social Security Board of Trustees project program costs increase by 2035 and potential loss of social security benefits.  Meaning that taxes won’t be enough to cover benefits; creating further federal debt that’ll push our current debt ceiling.  The goal is to work with actuaries and pension specialists to devise laws and regulations to stop reduction of benefits for all.  I’ve worked at the Social Security Administration and the Pension Benefit Guaranty Corporation – a federal pension takeover firm. The goal is to create laws, regulations and methods to have a smaller, more efficient government that doesn’t issue government securities to fund programs at the expense of Social Security benefits. 

Support of modifications to Social Security Programs. 

a. Medicare/Medicaid.  Currently the federal government spends $3.6Trillion annually for Medicare, Medicaid, and          healthcare subsidies.  Current payments to government through all programs is approximately $1.4Trillion                    creating an annual deficit.  This is tied to the healthcare costs – socialized medicine will not resolve the   

    expenditures.  Need a middle ground to provide quality healthcare for all without creating another federal agency

    to run a program that will at lead double costs to the government while increasing various taxes to our

    communities.

Support of modifications to Social Security Programs. 

a. Medicare/Medicaid.  Currently the federal government spends $3.6Trillion annually for Medicare, Medicaid, and healthcare subsidies.  Current payments to government through all programs is approximately $1.4Trillion creating an annual deficit.  This is tied to the healthcare costs – socialized medicine will not resolve the expenditures.  Need a middle ground to provide quality healthcare for all without creating another federal agency to run a program that will at lead double costs to the government while increasing various taxes to our communities.

 

b.  Social Security Benefits.  30 years ago, Congress funded a report with recommendations to change Social Security retirement benefits.  Currently the Social Security Board of Trustees project program costs increase by 2035 and potential loss of social security benefits.  Meaning that taxes won’t be enough to cover benefits; creating further federal debt that’ll push our current debt ceiling.  The goal is to work with actuaries and pension specialists to devise laws and regulations to stop reduction of benefits for all.  I’ve worked at the Social Security Administration and the Pension Benefit Guaranty Corporation – a federal pension takeover firm. The goal is to create laws, regulations and methods to have a smaller, more efficient government that doesn’t issue government securities to fund programs at the expense of Social Security benefits.  

 

1. This will take one of several options to create a change.  These include:

2. Raising the full retirement age to 68 by 2028.  This would add 16% to fill the funding gap.

3. Raise the full retirement and early retirement age gap from 67 in 2028 to 70 by 2069.  This would fill an estimate 26% of the funding gap. ​

4. Increase employee and employer tax payments by a total of 1% or .05% for the employee. 

5. Increase the number of years a person must work to qualify for full social security.

 

​Working together, we can make the changes we wish to see in the world!