HCR39: urging Congress to privatize all aspects of social security.

HCR 39 – AS AMENDED BY THE HOUSE

21Mar2012… 0681h

2012 SESSION

12-2175

01/04

HOUSE CONCURRENT RESOLUTION 39

A RESOLUTION urging Congress to privatize all aspects of social security.

SPONSORS: Rep. Bergevin, Hills 17; Rep. LeBrun, Hills 26; Rep. D. McGuire, Merr 8; Rep. Mauro, Rock 4

COMMITTEE: State-Federal Relations and Veterans Affairs

ANALYSIS

This house concurrent resolution urges Congress to privatize all aspects of social security.

21Mar2012… 0681h

12-2175

01/04

STATE OF NEW HAMPSHIRE

In the Year of Our Lord Two Thousand Twelve

A RESOLUTION urging Congress to privatize all aspects of social security.

Whereas, privatization of Social Security and its subdivisions would allow workers to control their own retirement money, health insurance, and disability accounts through personal investment accounts; and

Whereas, New Hampshire wants to ensure that its current residents who are on social security, or soon to be, are protected and will continue to receive their benefits as promised; and

Whereas, the social security program from its foundation was intended to be a supplement for retirement and was not intended to be the only economic resource for retired persons; and

Whereas, Congress has seen this reality and has legislated numerous government regulated supplement programs, including, but not limited to, food stamps, public housing, and fuel assistance to go along with the social security program as social security alone for millions of Americans would leave many Americans economically destitute; and

Whereas, Congress has a better version of such benefits for themselves under the Federal Employees Retirement System (FERS) and Civil Service Retirement System (CSRS); now, therefore, be it

Resolved by the House of Representatives, the Senate concurring:

That the general court of New Hampshire hereby urges Congress to privatize all aspects of Social Security; and

That copies of this resolution, signed by the speaker of the house of representatives and the senate president, be sent by the house clerk by United States mail to the Speaker of the United States House of Representatives, the President of the United States Senate, and to each member of the New Hampshire congressional delegation.