- Associated Press - Tuesday, December 16, 2014

MONTPELIER, Vt. (AP) - Vermont U.S. Sen. Bernie Sanders, who is moving to a new post as top minority member of the Senate Budget Committee, says he’ll use the position to defend Social Security, which he calls “the most successful government program in history.”

Sanders, a left-leaning independent, says more than a third of seniors depend on Social Security for at least 90 percent of their income.

He says questions about Social Security’s long-term solvency are misplaced. Sanders says the program has a $2.76 trillion surplus and has paid out promised benefits consistently since it was founded nearly 80 years ago.

He also says he’ll fight Republican attempts to reduce cost-of-living adjustments to Social Security benefits.

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