Mike Pence vice presidential campaign, 2016/Federal assistance programs
The overview of the issue below was current as of the 2016 election.
Social Security is said to touch the lives of more Americans than any other federal program. At the end of 2014, 59 million individuals were receiving benefits and 166 million were paying into the system by way of payroll taxes.[1] The ratio of workers to beneficiaries has declined over time and reduced the amount of excess funds earning interest.[2] This ratio is not predicted to increase in the near term, particularly as more baby boomers retire. Under the present system, today's Social Security taxes pay the benefits of today's retirees.[1] For these and other reasons, the system is unsustainable over the long term.[3] The 2016 presidential candidates offered policy solutions and plans that could benefit workers and future retirees and address the system's financial outlook should the next president take action.
See what Mike Pence and the 2016 Republican Party Platform said about federal assistance programs.
Pence on federal assistance programs
- During his 2015 CPAC speech, Mike Pence said, "When it comes to most public assistance programs, states are simply better-equipped to innovate and manage anti-poverty programs in a fiscally-responsible way. Because states can’t print money. ...In Indiana, we ended traditional Medicaid for all able-bodied adults and replaced it with consumer driven healthcare and health savings accounts."[4]
- In 2014, Pence chose not to accept federal funds for a pre-kindergarten pilot study. He explained that the funding "would have required us to expand our pre-K pilot before it is even up and running. It's important to note that many early learning programs across the country have not been successful over the years. On behalf of the children the pilot is designed to serve, it is imperative that Indiana get this right. ...It is important not to allow the lure of federal grant dollars to define our state's mission and programs. More federal dollars do not necessarily equal success, especially when those dollars come with requirements and conditions that will not help — and may even hinder — running a successful program of our own making."[5]
- Read what the 2016 presidential candidates and other vice presidential candidates said about federal assistance programs.
The 2016 Republican Party Platform on federal assistance programs | ||||||
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Recent news
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See also
Footnotes
- ↑ 1.0 1.1 Pew Research Center, "5 facts about Social Security," August 18, 2015
- ↑ Social Security Online, "Covered Workers and Beneficiaries," accessed September 8, 2016
- ↑ Social Security Online, News Release: Social Security Not Sustainable for the Long Term," March 17, 2003
- ↑ MikePence.com, "Governor Pence CPAC Speech," accessed April 1, 2015
- ↑ Indy Star, "Mike Pence: Why I rejected federal preschool funds," accessed April 1, 2015
- ↑ Note: This text is quoted verbatim from the original source. Any inconsistencies are attributable to the original source.
- ↑ Republican Party, "The 2016 Republican Party Platform," accessed August 23, 2016
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