It maintains a guaranteed minimum benefit for everyone. People still continue to pay Social Security taxes.
OverstatedJohn E. Sununu, at New Hampshire U.S. Senate General Election Debate (WMUR)
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Why we checked itSununu is describing specific provisions of his Social Security bill — whether it maintains a guaranteed minimum benefit and requires continued payroll tax contributions are verifiable legislative facts.
What we foundSununu's bill did include a guaranteed minimum benefit and continued payroll tax collection, but the guarantee applied only to participants in the personal account plan—not universally to 'everyone'—making the claim partially but not fully accurate.