By requiring that any surplus in Social Security taxes be returned to the American people in personal savings accounts, the plan ensures that Social Security taxes will be used for Social Security.

His first term in Congress began in January 2001. He was succeeded in the 110th Congress by Rep. Pence stands by his earmark requests.

After the 2010 election Pence announced that he would not run for re-election as the committee's chair. On November 6 2012 Pence narrowly won the 2012 Indiana gubernatorial election over Democratic nominee John R. On May 5 2011 Pence officially announced that he would seek the Republican nomination for Governor of Indiana in 2012.