Strong Support for Social Security – Even With Higher Taxes
West Virginia Public News Service, Hampshire Review - A new survey finds broad support across party lines and age for the value of Social Security - even when it comes to paying a little more to expand benefits. Read
The survey of Americans 21 and older finds three out of four value Social Security, with 86 percent agreeing the current program does not provide sufficient income for beneficiaries. Stephen Gorin is a member of the National Academy of Social Insurance, which issued the findings.
According to Ted Boettner, executive director of the West Virginia Center on Budget and Policy, the survey results make sense, especially for younger people with a lot of debt. He says they've been told by critics of the program Social Security won't be there when they're older and will have to be changed. But he says they like the program the way it is now, only stronger.
"With so many students having so much debt piled on their back, the one thing that they do need is a defined benefit that they can count on in the future," says Boettner.