Tags: Gingrich | Entitlements

Gingrich Pitches 'Growth and Opportunity' in NH

Monday, 21 Nov 2011 06:17 AM


MANCHESTER, N.H. (AP) — Republican presidential contender Newt Gingrich is pitching a "growth and opportunity" alternative to Social Security for younger workers.

Gingrich, a former House speaker, planned to tell students at St. Anselm College on Monday that he would allow some members of the workforce to choose private retirement accounts and end the expectations that Social Security will be a safety net for older workers.

Gingrich says his plan would reduce the inequality between workers who paid into Social Security as their sole retirement account and higher-income workers who benefited from private funds. Gingrich aides said their plan would make retirees' more secure and level the field among all workers.

However, Gingrich's plan would allow seniors in Medicare now to remain there. Others would be eligible for subsidies toward traditional insurance plans.

© Copyright 2015 The Associated Press. All rights reserved. This material may not be published, broadcast, rewritten or redistributed.

Around the Web
Join the Newsmax Community
Please review Community Guidelines before posting a comment.
>> Register to share your comments with the community.
>> Login if you are already a member.
blog comments powered by Disqus
Zip Code:
Privacy: We never share your email.
Hot Topics
Follow Newsmax
Like us
on Facebook
Follow us
on Twitter
Add us
on Google Plus
Around the Web
Top Stories
You May Also Like

Mali's Islamists Withdraw Cease-Fire Pledge

Friday, 04 Jan 2013 13:06 PM

Tens of thousands of Fatah supporters rallied in the Hamas stronghold of Gaza on Friday for the first time since they we . . .

Fmr. CIA Director Hayden: Iran Nuclear Crisis Gets 'Scarier'

Tuesday, 17 Jul 2012 18:11 PM

 . . .

Join Fmr. CIA Director for Special Iran Briefing, Assess the Danger

Friday, 13 Jul 2012 12:27 PM

 . . .

Most Commented

Newsmax, Moneynews, Newsmax Health, and Independent. American. are registered trademarks of Newsmax Media, Inc. Newsmax TV, and Newsmax World are trademarks of Newsmax Media, Inc.

America's News Page
©  Newsmax Media, Inc.
All Rights Reserved