There are more than 140,000 retirees in Montana – and many of them rely on Social Security as their sole source of income. However, Greg Gianforte has gained national attention for his comments demeaning those who are “cashing Social Security checks” and saying that seniors have an “obligation to work.”
This sentiment isn’t surprising coming from someone who has invested tens of thousands of dollars with groups that seek to end Social Security as we know it because Greg Gianforte wants to advance his own narrow agenda over the interests of Montana seniors.
Greg Gianforte’s agenda is wrong for Montana seniors.
- CRITICIZED SENIORS FOR CASHING SOCIAL SECURITY CHECKS: Gianforte criticized seniors for cashing Social Security checks saying Noah lived to 600 and the “concept of retirement is not biblical.” (Fox News Radio, 6/12/15)
- FUNDED WASHINGTON DC SPECIAL INTEREST GROUP WORKING TO PRIVATIZE SOCIAL SECURITY AND RAISE RETIREMENT AGE. Gianforte funded the DC-based Heritage Foundation that advocated privatizing Social Security, ending the spousal benefit in Social Security and raising the retirement age. (Gianforte Family Charitable Trust IRS 990 via Guidestar.org; Heritage Foundation, 11/22/10, 5/02/05, 4/23/97; Financial Advisor, 5/21/14)
- FUNDED AMERICANS FOR PROSPERITY ADVOCATING TO PRIVATIZE SOCIAL SECURITY AND RAISE RETIREMENT AGE. Gianforte gave money to Americans for Prosperity, an organization that called for privatizing Social Security and raising the Social Security eligibility age. According to Americans for Prosperity’s budget plan: “AFP supports empowering workers with a choice: stay with the tax-and-benefit system of Social Security as it is now, or save and invest your same payroll tax contributions through a personal savings account. Instead of seeing their hard-earned dollars funneled through Washington to pay for current retirees’ benefits, workers would truly own and control the accumulated funds and could invest them with a wide variety of investment funds offering different mixes of stocks and bonds and different levels of risk and reward-similar to the defined contribution 401k-style plans that many American workers already use” (Gianforte Family Charitable Trust 2013 IRS 990 via Guidestar.org; Americans for Prosperity Budget Reform, 4/2014)
- CONTRIBUTED TO THE WASHINGTON POLICY CENTER THAT CALLED SOCIAL SECURITY A “PYRAMID SCHEME.” Gianforte contributed money to the Washington Policy Center that called Social Security a “pyramid scheme,” advocated for personal savings accounts and pushed states to opt out of Social Security in favor of a free-market alternative. According to the Washington Policy Center, the problem with Social Security “is that the system is structured like those infamous pyramid schemes. Workers do not pay for their own retirement; those coming behind will pay for it…Personal savings accounts are the only solution being discussed that goes to the core of these problems.” (Gianforte Family Charitable Trust IRS 990 via Guidestar.org; Washington Policy Center, 6/2005, 9/2002, 5/1998)