Don Young’s History Fairbanks vs. Don Young

 

Don Young is bankrupting Social Security, and reserving it for "borrow and spend" lawmakers

Don Young votes to maintain surplus revenue in the Social Security Trust Fund as a “slush bucket” for Congressional raids. These "raids":

·        Rob Americans of their assured investment in a government-backed retirement program.

·        Enable Congress’ addiction to perpetual pork barrel spending

·        Mask the fact that the federal deficit is far larger than it appears

·        Fuel claims that Social Security faces an artificial funding "crisis" in 2018

·        Conflict with Congress' 1983 vote and 1998 consensus to increase taxes and create a savings surplus to fund Social Security

When the average Alaskan worker ($28,750/year income, $3,650/yr in SS taxes) reaches retirement age, they will have paid far more in Social Security withholdings than is needed to provide a very comfortable retirement income. Use this link to simulate “investing” your Social Security taxes over your working career. It calculates what your retirement income could be if your mandatory Social Security “contributions” were invested, off-limits to Congressional raids.

 

Social Security votes

Bill

Don Young’s Action:

Effect

Date

Status

H.AMDT. 68

Voted No, Roll Call 87

Protect surplus in the Social Security Trust Fund by requiring that spending increases or tax cuts be fully offset by revenues that exclude the Social Security Trust Fund. Amendment to H.CON. RES. 95

3/17/05

Amendment Failed

H.AMDT. 503

Voted No, Roll Call 228

Require the marriage tax penalty elimination act to be funded by sources other than the Social Security Trust Fund surplus. Amendment to H.R. 4019.

6/13/02

Amendment Failed

H.AMDT. 571

Voted No, Roll Call 13

Require that funding to eliminate the marriage tax penalty come from sources other than the Social Security Trust Fund surplus. Amendment to H.R. 6.

2/10/00

Amendment Failed

H.AMDT.687

Voted No, Roll Call 163

CARA Depends on SS Solvency. to H.R.701

 

 

H.AMDT. 42

Voted No, Roll Call 76

Require that future tax cuts and spending increases be funded by sources other than the Social Security Trust Fund. Amendment to H.CON. RES. 68. 

3/25/99

Amendment Failed

H.AMDT. 41

Voted No, Roll Call 75

Reserve 100 percent of the Social Security surplus for Social Security. Amendment to H. Con. Res. 68

3/25/99

Amendment Failed

H.AMDT. 914

Voted No, Roll Call 463

Require that any Social Security Trust Fund surplus be transferred to the Federal Reserve and held in trust for the Social Security system. Amendment to H.R.4578.

9/25/98

Amendment Failed

H.AMDT.396

Voted No, Roll Call 343

Require surplus in the Social Security trust funds being used only for Social Security programs. Amendment to H.CON.RES.67

5/18/95

Amendment Failed

H.AMDT. 470

Voted No, Roll Call 64

Require a balanced budget, and prohibit surpluses in the Social Security Trust Fund from balancing the federal operating budget. Amendment to H.J. RES 103.

3/17/94

Amendment Failed

H.AMDT. 604

Voted No, Roll Call 185

Require the President to submit a balanced budget to Congress, and prohibit surpluses in the Social Security Trust Fund from balancing the budget. Amendment to H.J.RES.290.

6/11/92

Amendment Failed

H.R. 5050

Voted Yes, Roll Call 235

Establish the Social Security Administration as an independent agency, to protect its trust funds.

7/22/86

Passed in House, died in Senate

H.R. 3721

Voted *, Roll Vote 405

Increase the public debt limit, and restore Social Security Trust Fund investments.

11/13/85

Passed into law

H.R. 3669

Voted *, Roll Call 389

Prevent disinvestment of the Social Security Trust Fund

11/1/85

Passed House and Senate

H. Res 306

Voted *, Roll Call 388

Resolution in favor of H.R. 3669 that prevents disinvestment of the Social Security Trust Fund.

11/1/85

Passed House

H.R. 1900

Voted No, Roll Call 26; Final Passage, Voted *, Roll Call 47

Adopt Greenspan Commission recommendation - a 63% increase** in Social Security/Medicare taxes. The excess was to be invested in the Social Security Trust Fund. Congress has borrowed/spent the trust fund "savings".

3/9/83 and 3/24/83

Passed into Law

 

* Data incomplete; this is a work in progress. Visit often to review Don Young voting patterns as our research is further developed.

** The cumulative tax increase is over 5-fold since 1983, when the escalating base rate is considered. Social Security taxes were withheld on the first $32,400/year of your income back in 1983. Social Security taxes are collected today on the first $102,000/year of your income.

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