OnTheIssuesLogo

Pete Buttigieg on Social Security

Democratic Presidential Challenger; IN Mayor

 


Would establish $90/day benefit for long-term care

Buttigieg launched his first swing in Iowa by unveiling his plan for long-term care and retirement. Buttigieg's plan would establish a $90 per day benefit for long-term care for as long as recipients need it, after an income-related waiting period. It would a be a cash benefit that could be used help pay for assisted-living facilities or home-health aides. He estimated it would cut out-of-pocket care for that type of service by 39% in Iowa.

The plan also includes reforms to Social Security, including increasing benefits to 125% of the federal poverty limit to people who worked or were a caregiver for 30 years. He proposes paying for it by raising the income cap on the taxes that pay for social security benefits. Currently, social security taxes only apply to income up to $133,000. He would apply social security taxes to individual incomes above $250,000 to maintain the program's solvency.

Source: Des Moines Register on Biden Cabinet , Nov 25, 2019

Double Social Security's payroll-tax cap to $250,000

Democratic presidential candidate Pete Buttigieg proposed more than doubling Social Security's payroll-tax cap--and he's just the latest to do so.

Mayor Pete, as he's often called, said he'd like to increase the cap of income eligible for payroll taxes from what it is now at $132,900 to about $250,000, while speaking at an AARP Forum in Iowa. "I have a very personal stake in making sure that Social Security and Medicare are there when you retire and when I retire, and if you look at the numbers, that won't happen without some adjustments," he said.

Other Democrats have suggested similar strategies. Fellow Democratic presidential candidate Sen. Bernie Sanders, the independent from Vermont, proposed subjecting anyone with income over $250,000 to the payroll tax, which would create a gap between the current tax cap and the new one. That gap would narrow over time as the cap naturally lifted every year.

Source: MarketWatch e-zine on 2019 Democratic primary , Jul 22, 2019

Other candidates on Social Security: Pete Buttigieg on other issues:
Incoming 2021 Biden Administration:
Defense:Lloyd Austin
HHS:Xavier Becerra
Pres.:Joe Biden
State:Antony Blinken
DOT:Pete Buttigieg
State/Japan:Rahm Emanuel
HUD:Marcia Fudge
Attorney General:Merrick_Garland
DOE:Jennifer Granholm
DOI:Deb Haaland
V.P.:Kamala Harris
Climate:John Kerry
DHS:Alejandro Mayorkas
NASA:Bill Nelson
DOC:Gina Raimondo
Domestic Policy:Susan Rice
Public Liaison:Cedric Richmond
USDA:Tom Vilsack
DOL:Marty Walsh
Treasury:Janet Yellen

Cabinet Archives:
Biden Cabinet
Biden Administration
Trump Cabinet
Trump Administration
Obama Cabinet
Bush Cabinet
Biden Books
Trump Books
Obama Books
Bush Books
Former Trump Administration:
Pres.:Trump
V.P.:Pence
DOT:Chao
ODNI:Coats
U.N.:Haley
Staff:Mulvaney
USDA:Perdue
A.G.:Sessions
DOI:Zinke

Former Obama Administration:
Pres.:Barack Obama
V.P.:Joe Biden
State:John Kerry
HUD:Julian Castro
State:Hillary Clinton
Staff:Rahm Emanuel

Former Bush Administration:
Pres.:George W. Bush
V.P.:Dick Cheney
State:Colin Powell
State:Condi Rice
EPA:Christie Whitman

Former Clinton Administration:
Pres.:PBill Clinton
V.P.:Al Gore
HUD:Andrew Cuomo
DOL:Robert Reich
A.G.:Janet Reno
State:Madeleine Albright
Abortion
Budget/Economy
Civil Rights
Corporations
Crime
Drugs
Education
Energy/Oil
Environment
Families/Children
Foreign Policy
Free Trade
Govt. Reform
Gun Control
Health Care
Homeland Security
Immigration
Infrastructure/Technology
Jobs
Principles/Values
Social Security
Tax Reform
War/Iraq/Mideast
Welfare/Poverty
Search for...





Page last updated: Jul 13, 2021