Pence Backs Call To Privatize Social Security [VIDEO]

Yahoo News reports:

Former Vice President Mike Pence, a possible 2024 presidential candidate, has voiced support for a Social Security privatization scheme that the George W. Bush administration unsuccessfully pushed nearly two decades ago.

In a closed-door event Thursday hosted by the National Association of Wholesale-Distributors, a corporate trade group, Pence said he believes that “the day could come when we can replace the New Deal with a better deal, literally give younger Americans the ability to take a portion of their Social Security withholdings and put that into a private savings account that the government would oversee.”

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Mike Pence is saying the quiet part out loud: Lots of Republicans want to privatize Social Security.

We won’t let them. https://t.co/K7r3tkTRYq

— Senator Chris Van Hollen (@ChrisVanHollen) February 4, 2023

Mike Pence calls for privatizing Social Security for young people as a way to cut spending on public benefits. “We could replace the New Deal with a better deal,” he told a conference of business executives. pic.twitter.com/wSmE0Oyl9N

— More Perfect Union (@MorePerfectUS) February 3, 2023

First, Speaker McCarthy showed a PowerPoint about his 10 year budget plans that’d slash Social Security and Medicare in a closed door meeting

Now, Mike Pence in another closed door meeting says that he wants to privatize Social Security

Why won’t they show Americans their plan? https://t.co/etXBBQGnqU

— Chuck Schumer (@SenSchumer) February 3, 2023