Campaign 2010

May 04, 2010

Another Day, Another Privatization Advocate for Millionaire Republican Tim Burns

Republican millionaire Tim Burns is bringing another privatization advocate to Western Pennsylvania to campaign for him, once again showing his true colors when it comes to his support for the risky scheme to gamble Social Security benefits on Wall Street.  Next week Burns is welcoming Republican Mike Pence to Johnstown, despite the fact that Pence has long been an advocate for privatizing Social Security.  Even though Burns has recently tried to hide from his position on the issue, last week Burns said all options are on the table when it comes to Social Security including privatization. 

 

Pence joins a long list of privatization advocates who are supporting Burns, and the growing number of privatization advocates backing his campaign reinforces Burns’ commitment to the risky Republican scheme. 

 

“Millionaire Republican Tim Burns is again showing his true colors when it comes to his support for the Republican scheme to gamble Social Security benefits on Wall Street,” said Shripal Shah, Regional Press Secretary for the Democratic Congressional Campaign Committee.

 

“The Republican plan to privatize Social Security that Burns and his supporters are pushing would have a devastating impact on Seniors who rely on Social Security.  Tim Burns’ failure to understand this fact only reinforces what we already know: he’s grossly out of touch and his agenda is wrong for seniors in Western Pennsylvania.”

 

BACKGROUND:

 

Republican millionaire Tim Burns has Congressman Mike Pence coming to campaign for him in Johnstown on May 10th.  [Burns Campaign Announcement, 5/4/10]

 

Pence is a privatization advocate. In May 2001, Rep. Mike Pence co-signed a letter to the President’s Commission to Strengthen Social Security urging for privatization. The letter read, “Social Security reform must offer younger workers the opportunity to improve their rates of return using personal retirement accounts.” [Rep. Jim DeMint Letter to The Social Security Reform Commission, 5/24/01]

 

In 2002, Pence spoke on the House floor in favor of privatizing Social Security. [Congressional Record, 3/6/02]

 

In 2002, Pence said that for Social Security he favored "what is called privatization, but which I prefer to call individual savings accounts." [Palladium-Item, 4/3/02]

 

When asked about Social Security last week, Burns said “we need to have all options on the table.” That includes the risky Republican scheme that would gamble on Wall Street the Social Security benefits that Seniors have earned. [WJAC/Tribune-Democrat forum, 4/28/10]

 

Tim Burns was endorsed by the House Conservative Fund. In order to receive their endorsement and receive their contribution, Burns had to sign on to support their agenda. [House Conservative Fund Press Release, 4/21/10]

 

In order to be considered for a contribution from the House Conservatives Fund, candidates must fill out a questionnaire and support values consistent with those espoused by the conservative Republican Study Committee. [CQ-Roll Call, 3/10/10]

 

Republican Study Committee Supports Social Security Privatization. The Republican Study Committee supports the privatization of Social Security and has been praised by right-wing political groups for their pro-privatization stance. [Freedom Works Release, 3/1/06]

 

Republican Study Committee Supports Medicare Privatization. The Republican Study Committee favors an approach similar to Rep. Paul Ryan’s controversial plan to privatize Medicare by replacing it with private vouchers. [New York Observer, 2/6/10]

 

Former Speaker Newt Gingrich campaigned for Republican Tim Burns. [Pittsburgh Tribune Review, 4/20/10]

 

            Gingrich is a privatization advocate. [Fox News Sunday, 1/10/05]

 

FreedomWorks endorsed Burns’ candidacy. [CNN.com, 4/21/10]

 

According to the FreedomWorks website, privatizing Social Security is one of their biggest priorities. [Freedom Works website, accessed 4/21/10]

 

Burns campaigned with Congressman Bill Shuster.  Just over two weeks ago Burns did events with Congressman Bill Shuster. [Daily American, 4/2/10]

 

Shuster has long been a vocal supporter for the risky Republican plan to privatize Social Security. [Patriot News, 3/06/05; Associated Press, 4/28/01; Associated Press, 4/20/01; Pittsburgh Post-Gazette, 5/08/01; USA Today, 5/15/01; Dallas Morning News, 5/7/01]

 

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