BEDFORD, N.H. (AP) — Former Minnesota Gov. Tim Pawlenty says limiting Social Security payments to wealthier Americans could help the nation confront its mounting national deficit.

Pawlenty, a potential 2012 presidential contender, told an audience in the early voting state of New Hampshire that annual increases in payments to wealthier Americans could be ended. The Republican says wealthier Americans don’t rely on such cost-of-living adjustments.

Pawlenty says drawing lines between classes is not ideal, but the nation faces a mathematical reality in what it can afford. He calls the step reasonable but not enough to solve the entire national deficit.

Pawlenty is visiting New Hampshire as part of a book tour. He says he will decide whether he will seek the White House in the coming weeks.

(© Copyright 2011 The Associated Press. All Rights Reserved. This material may not be published, broadcast, rewritten or redistributed.)

Comments (9)
  1. Carl Pentland says:

    Pawlenty is right on this issue. When the cap for contribution ends at 106,800 dollars. Those making more than that who have quit contributions (taxes) certainly do not need social security. They already have it. Either that or raise the social security tax cap and people continue to contribute regardles of what they make.. The super rich won’t even notice the small hit on their fortunes.

  2. DJP says:

    Along with this away with those on SS having to pay INCOME TAX. Many of these people can barely afford living, much less having to pay taxes on what little they get a month!!

  3. DK Peterson says:

    What a shock……..that those who want more have no moral problem in dipping into someone elses pocket, pulling out their money and putting it in to their own pocket. From each according to his ability…………….to each according to his need……right out of the Communist Manefsto…..the “rich” already pay more that their “fair share” of taxes. But for those who want to mug them just once more (“the rich won’t even notice the small hit on their fortunes” according to Carl Pentland). Maybe Carl should have worked harder, studied more, risked more, invested more and he could have make his own fortune. This country is a great place to live in that you (even Carl) can be what you want to be. So Tim Pawlenty is just playing to that sad old arguement that your failure is just someone elses fault. If we cut the government wasteful programs and out of control spending, maybe we wouldn’t have look to slashing benefits for those who have paid in, no matter what their current financial standing…

    1. Larry says:

      SS is supposed to be a safety net not extra income for people who do not need it. Yes, there should be people who pay in and get nothing back.

  4. Sam says:

    Also they need to end the disability side of things for all the alcoholics and “mentally ill” , illegal immigrants, and people who have never contributed. There are people that get SSI disability and have not contributed more the 18 months into it. They will receive it the rest of their lives. End that and you will save money.

  5. b says:

    Social secuirty was designed for old people to make it through life after putting all those years of working the focus has been lost rich should have to pay everything should not get any goverment help. if your rich you should have to pay half your income in taxes because your worthless

  6. had enough says:

    DK, I didn’t see you respond to the fact that the so called wealthy do not pay into social security after they have made more than $106800.00 for the year.
    If the rich paid their fare share then they would be paying social security on their total income just like everyone else has to.
    It’s not a matter of wanting more it’s a matter of survival and we as a society have a moral responsibility to take care of our peers. We are also responsible for the out of control spending by our government as we are the ones that voted them in and allow them to do what they want because we as a society are more into worrying about ouselves instead of what is going on around us. I agree with Sam there are way too many people who collect social security that are not entitled to it!

  7. Todd says:

    Pawlenty is right on the money with this one. I would also like to see a permanent reduction in congressional salaries since their salaries comes out of our tax dollars. On top of that let’s take away their cadillac medical benefits and give them the benefit that most of us have. I gaurentee that they will do their best to assure that everyone has decent coverage.

  8. bob says:

    if timmy the user fee guy would give up his senate pension,his govenors pension and not accepted his government health insurance that would help balance the budget.

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