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NJECPAC is a Continuing Political Committee (CPC). A CPC is any group of two or more persons acting jointly, or any corporation, partnership, or any other incorporated or unincorporated association, civic association or other organization, which in any calendar year contributes to aid or promote the candidacy of an individual, or the candidacies of individuals, for elective public office, or the passage or defeat of a public question or public questions, lobby for the passage or defeat of certain legislative bills introduced in the NJ Legislature in accordance with N.J.S.A. 19:44A-8(b). A CPC is frequently referred to as Political Action Committee (PAC). The NJECPAC was formed to provide funding for legislative initiatives of its members and its member organizations representing the interests of Electrical Contractors, Small Businesses and Taxpayers throughout the State of New Jersey.

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Wednesday, July 28, 2010

Pelosi Opposed to Raising Retirement Age

Any reasonable person paying just a little attention and applying common sense knows that there is an issue with Social Securities solvency moving into the future.  We also know that when any politician that publicly acknowledges the problem of SS underfunding and tries to fix it (example: President George Bush) the Democratic Party goes ballistic, and uses the issue for reelection rather than facing the problem and finding solutions to it.  

House Speaker Nancy Pelosi said Saturday  that she is unequivocally opposed to raising the retirement age for Social Security, and that scaling back Social Security should not be a means of reducing the deficit.

"To change Social Security in order to balance the budget, they aren't the same thing in my view," the Democrat said today at the Netroots Nation conference in Las Vegas. "When you talk about reducing the deficit and Social Security, you're talking about apples and oranges."

Although we do agree with the Speaker that the answer is not raising the retirement age for our children, this is an issue that must be addressed. Speaker Pelosi's comments did nothing to address the problem nor did she offer any solutions, and instead, used the platform to kick off the election year politicizing of Social Security.
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