"To allow all U.S. workers to put part of their earnings into private investment accounts would definitely erode the Social Security system and cause uncertainty for new investors."

Cause, Investment, Security, Uncertainty

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"To allow all U.S. workers to put part of their earnings into private investment accounts would definitely erode the Social Security system and cause uncertainty for new investors."

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Explore more quotes by Grace Napolitano

"Because of their low earnings and family obligations, Latinas would not be putting much money into private investment accounts. An average Latina could wind up losing thousands of dollars under this proposal."

Family

"If Congress doesn't raise taxes, you cannot get a private investment account without forgoing a portion, possibly all, of your guaranteed benefit check."

Economy

"We must take the time to do what needs to be done now, what is right, instead of passing a bad bill."

Time

"We must level with the people and explain to them that Social Security will first face funding problems in 2042 that can be fixed now with changes that do not undermine and ultimately drain from the entire program."

People

"Because Social Security is specifically designed to boost the retirement income of low earners with a progressive benefit formula, the program has played an enormous and necessary role in keeping Latinas out of poverty."

Society

"We are still waiting for the president to introduce a concrete plan. He has just hinted at what he is thinking about doing, but no one has seen a proposal."

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"President Bush has consistently used rhetoric, and that is not convincing given his past record."

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"There is a need for Social Security reform to ensure its stability, and Congress must act."

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"The president's claim that Social Security is going broke is misleading at best. The sky is not falling, although there is no doubt that the system needs to be strengthened."

Doubt

"Our Hispanic community needs to understand how important the Social Security system is for not only its retired citizens, but also its disabled workers."

Community