The government must not invest Social Security funds in the stock market. Modernization must preserve the disability and survivors components. Modernization must include individually controlled, voluntary personal retirement accounts, which will augment the Social Security safety net. These accounts will earn higher rates of return, have parameters of safety and soundness, and help workers build wealth that can be passed on to their children. Governor Bush also promoted his principles for saving and strengthening Medicare.
Seniors deserve a wider scope of coverage, and they deserve to have more choices among health plans.
Over the last few years, both Republicans and Democrats have embraced these goals. Yet the Clinton-Gore administration has blocked bipartisan Medicare reform. When I am President, I will lead Republicans and Democrats to reform and strengthen Medicare and set it on firm financial ground. Every Medicare recipient must have a choice of health plans, including the option of purchasing a plan that covers prescription drugs. Medicare must cover expenses for low-income seniors.