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A Year In The Woods

Election 2008 Virginia’s Senate Candidates

FiftyPlus posed the questions below to the four candidates for Virginia’s seat in the U.S. Senate. Their answers are reprinted in the order they were received.

According to census projections, one-fifth of the U.S. population will be age 65 or older by 2030. What can be done now to address the growing demands on Medicare and Social Security funds? What role will the U.S. government have in helping society adapt to a proportionately larger population of older Americans?

Mark Warner, Democrat

Meeting the unique needs of our aging population is a significant challenge. As our elderly population increases we have to rethink our approach to their care, particularly as it pertains to protecting critical programs like Medicare and Social Security. From my personal experience as a son with aging parents and my professional experience as a governor, I know the needs of our elderly population first hand and have implemented common sense solutions to address these challenges.
For example, when my mother was diagnosed with Alzheimer’s I wanted to help my dad care for her and I didn’t know where to start. That led me to create SeniorNavigator.com. It provides information on over 18,000 programs in Virginia that serve the aging and their caregivers. We trained 15,000 people around the state to help seniors and their families get the answers they needed.
As Governor, I worked with AARP to reform the tax code and ensure that Medicaid and other senior services were preserved. As a private citizen, I helped found the Virginia Health Care Foundation, a public-private partnership that promotes access to primary health care and supports a range of innovative programs, resulting in hundreds of thousands of people gaining access to healthcare.
I believe that Social Security is the bedrock of retirement and I am committed to protecting it. For two-thirds of the elderly, Social Security provides the majority of their income and it’s estimated that without Social Security, more than 50 percent of seniors would be living in poverty. I reject jeopardizing Social Security with risky investments, but I would consider establishing a bi-partisan commission to make recommendations to keep Social Security secure and solvent. If elected, I will work to ensure the long-term viability of this important program.
We also need to improve long-term and chronic care options. We must find more ways for seniors to live at home in a familiar setting surrounded by their loved ones, and young people need to do their part by buying long-term care insurance. Technology and public-private partnerships should also play key roles in reforming long-term care. We should utilize information technology and shift to electronic health records in order to better track health outcomes and squeeze savings out of the healthcare bureaucracy.
The challenges we face are significant but not overwhelming. America’s seniors deserve to live with dignity and independence and we should do all we can to make that happen.

Bill Redpath, Libertarian

The most critical economic problem facing the U.S. is our aging population and the coming entitlement spending explosion.
I support the Cato Institute’s “6.2% Solution” for Social Security, in which individuals would be able to invest 6.2 percentage points of their payroll tax in personal accounts, with the employer’s 6.2 percent paying for transition costs and disability and survivors’ benefits. Workers who choose the individual account option would receive a “recognition bond” based on the accrued value of their lifetime-to-date benefits. Those bonds, redeemable at the worker’s retirement, would be tradable in secondary markets.
There are no “guaranteed benefits” under the current Social Security system. Congress has the power to change benefits at any time, and Social Security benefits are not inheritable. Under the “6.2% Solution” plan, people would own their personal accounts and be able to pass them on to heirs.
According to the Congressional Budget Office, this plan would help restore Social Security to long-term solvency and provide workers with higher benefits than would Social Security, although people who want to stay in the current Social Security system could do so.
Social Security will run a deficit by 2017; Medicare is already doing that. Medicare needs to be reformed with prepaid Medicare accounts for workers. We need to move Medicare to a defined contribution, instead of a defined benefit, system. The prescription drug benefit (passed in 2003) should be repealed.
Seniors should be allowed to opt out of Medicare entirely without losing Social Security benefits, as well as on a case-by-case basis with their doctors. We need to restore power to patients by giving Medicare recipients vouchers—that could be supplemented with private funds—to purchase health insurance from competing private insurers or to deposit in a Health Savings Account to save and spend on health care in the future.
Other than those reforms mentioned above, the U.S. government should have a relatively small role in helping society adapt to a larger population of older Americans. All social services that would be required by the aging population should be provided by individuals themselves, private entities and state & local governments. So many people looking to the federal government to solve their problems is the major reason that we now have a federal budget deficit of over $1 billion per day. This has got to stop—even among older Americans—or financial ruin for this nation will result.

Jim Gilmore, Republican

Obviously we are facing a very critical situation with Social Security and Medicare. Millions of Americans live in constant anxiety about their health and long-term finances. They fear the future will not be as prosperous for their children, and worry about becoming a burden to their families. They face competing demands, from affording health care to saving for retirement to caring for their loved ones. I believe every American deserves access to affordable, high-quality and reliable health care. In order to achieve this goal, I support a broad range of health care reform measures. We need to implement tax reforms that will help people buy health insurance and encourage them to maintain health savings accounts. We must make it easier for small businesses to provide affordable health care for their employees by allowing them to form Association Health Plans. Medical liability reforms also need to be implemented to reduce frivolous lawsuits and bring down health care costs for everyone. And health information technology needs to be improved to decrease medical errors and improve the efficiency and effectiveness of medical treatments and our overall health care system. I also believe we must look at a number of options for keeping Social Security and Medicare solvent without raising taxes or reducing or cutting benefits for current recipients. One of the proposals that I believe might be worth examining is Congressman Frank Wolf’s proposal for the establishment of a national bipartisan commission to address the future of Social Security and Medicare, examine all of the available options and recommend the best way to protect these vital programs.
Additionally, like Sen. John McCain, I support lowering Medicare premiums. Seniors face a growing threat from higher Medicare premiums that diminish their Social Security and retirement savings. We have a moral responsibility to older Americans and to future generations to address this difficult problem, and if elected to the U.S. Senate, I will work tirelessly to help keep Medicare and Social Security stable and solvent for current and future generations.


Gail Parker, Independent Green
The Parker campaign did not respond.

Learn about Virginia’s candidates for local and state offices. Call the Virginia State Board of Elections at (800) 552-9745 or (804) 864-8901 or see www.sbe.virginia.gov

 

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