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Salon
Salon
Politics
Jake Johnson

RARE PHOTOS: Pence privatize social security | Vintage Vibes

Former Vice President Mike Pence, a possible 2024 presidential candidate, has voiced support for a Social Security privatization scheme that the George W. Bush administration unsuccessfully pushed nearly two decades ago.

In a closed-door event Thursday hosted by the National Association of Wholesale-Distributors, a corporate trade group, Pence said he believes that "the day could come when we can replace the New Deal with a better deal, literally give younger Americans the ability to take a portion of their Social Security withholdings and put that into a private savings account that the government would oversee."

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