A congressional candidate — who dubbed himself the sole fighter for the Millionaire’s Tax last week — set himself apart from his Democratic primary opponents once more by saying he is “the only candidate” in the race with a real plan to save Social Security.
“Social Security is in crisis,” said Assemblymember Rory Lancman, who is vying for the heavily-contested and newly-redrawn 6th District seat. “There are other candidates in the race who don’t seem to believe so. They think it’s something that we don’t need to address right away. They don’t see the imminence of the problem.”
According to Lancman, Social Security will run out of money in 2033 and will only be able to make about three-fourths of obligated payments at that time.
He said his proposal to lift the exemption on Social Security taxes for individuals with incomes over $110,600 would force “high-income earners to pay their fair share” into the Social Security fund. Scrapping the cap, Lancman said, would guarantee the program’s solvency for the next 75 years.
“That is what is bankrupting Social Security,” he said before taking swipes at his two major primary challengers, Assemblymember Grace Meng and Councilmember Elizabeth Crowley. “The challenge facing Social Security is immediate and severe, and so far I’m the only candidate in this race that has offered a real plan to save Social Security without reducing benefits, raising the retirement age or privatizing Social Security altogether.”
Meng said her plans were geared towards reaching a long-term solution. She said while the fund would definitely be able to pay benefits until 2033, she agreed Congress needs to take action before that.
“The most important thing right now is to ensure that we do whatever we can to stimulate job and economic growth so that in the long run there will be more people paying into the fund,” Meng said. “My point is not that we’re not taking action — it’s that we have to do whatever we can to increase the funds right now.”
Crowley also fired back at her challenger, saying the cap lift would increase taxes on the middle class and small businesses — not high-income earners. She said her plan is to put people back to work and “keep Republicans from cutting Social Security.”
“Raising taxes on the middle class and on small businesses is exactly what we don’t need to help Social Security. I’m sorry that Mr. Lancman thinks that it is a good idea,” Crowley said.
Lancman received a blow of his own from a local religious leader who sent out a “special clarification” last week, saying he was not endorsing the candidate’s policies or run for Congress after his photo was published without permission or notice in Lancman’s recent legislative mailer.
Reverend Thomas Pettei, a pastor at St. Nicholas of Tolentine R.C. Church in Jamaica, declined to comment, but said the letter speaks for itself.
“What upset me was that this mailing included a picture of me with Assemblyman Lancman, standing in front of our church,” Pettei wrote in the letter. “I simply want to make it clear that in no way should this be interpreted as any kind of endorsement of the Assemblyman’s policies or of his current campaign for Congress.”
The mailer was titled “Keeping our Houses of Worship Safe” and referred to legislation Lancman has proposed. Pettei also pointed to disagreements the Catholic Church and Lancman have on several issues as a reason for his concerns.
Meng recently received the endorsement of the New York League of Conservation Voters and the Congressional Asian Pacific American Caucus Leadership PAC, while Crowley gained boosts from the Uniformed EMTs, Paramedics and Fire Inspectors FDNY Local 2507 and Uniformed EMS Officers Union Local 3621.