Lincoln Weighs In as Finance Committee Takes on Social Security

APRIL 26, 2005 - Posted at 3:47 p.m. CDT

WASHINGTON - Senator Blanche Lincoln of Arkansas participated in the first Senate Finance Committee hearing on revamping Social Security today.

Lincoln, a Democrat, had limited time to make her priorities known because the meeting was packed and followed a tight agenda.  She shortened her opening statement and filed written questions with the committee.

She said her stances on Social Security are guided by Arkansans' heavy reliance on the federal retirement trust fund.  She said Arkansas has the third highest percentage of residents receiving Social Security benefits in the country.

Like many other Democrats, Lincoln opposes President Bush's proposal to offer private Social Security investment accounts, and the use of payroll taxes to pay for the reforms.  She is considered a key swing vote on the committee because of her willingness to back some other Bush programs.

(The Associated Press contributed to this report.)