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Friday, August 12, 2005

Congressman BenjaminCardin to Speak on Social Security

class=""MsoNormal"">SALISBURY, MD---As the Eastern Shore’s population ages, issues like Social Security are receiving a great deal of attention. Rep. Benjamin L. Cardin, recognized expert on Social Security and retirement issues, will discuss plans to “privatize” Social Security at a Town Hall meeting at 7 p.m. on Thursday, August 18, in the Great Hall of Holloway Hall.

class=""MsoNormal"">Cardin recently released a statewide report claiming that President George W. Bush’s proposal to privatize Social Security could reduce the benefits of 1.8 million Marylanders. Recently, the Congressman has introduced legislation that, he believes, could help younger and lower income Americans save more for retirement as a way to supplement Social Security.

class=""MsoNormal"">"The public clearly has serious concerns about the president’s plan,” said Rep. Cardin. “The Social Security program faces a financing problem, but the American people understand that private accounts divert money away from the program – ultimately weakening it.”

class=""MsoNormal"">Congressman Cardin has represented Maryland's Third Congressional District in the House of Representatives since 1987. He is a member of the Ways and Means Committee, ranking member of the Trade Subcommittee and a member of the Human Resources Subcommittee. He also serves as a ranking member on the Commission on Security and Cooperation in Europe (the U.S. Helsinki Commission) and chairs one of the three international committees of the Organization for Security and Cooperation in Europe (OSCE), the Parliamentary Assembly that deals with economics and the environment. The lecture is sponsored by the Delmarva Peninsula Central Labor Council, AFL-CIO, in cooperation with Salisbury University’s Institute for Public Affairs and Civic Engagement (PACE). For more information call 410-543-6030 or visit the SU Web site at www.salisbury.edu. "


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