#social security

Germany, I think, was first to substitute a Social Security program for its elderly based on this premise, that is, that we would tax workers to pay retirement benefits for those retired. ↗

— John Shadegg

#benefits #elderly #first #germany #i

Indeed, I think most Americans now know that in 1935 when Social Security was created, there were some 42 Americans working for every American collecting retirement benefits. ↗

— John Shadegg

#benefits #collecting #created #every #i

The reality is that the workforce relative to the number of people retired has shrunk and today in America there are only 3.3 working Americans paying payroll taxes to support each individual currently retired and collecting Social Security taxes. ↗

— John Shadegg

#collecting #currently #each #individual #number

I think President Bush tried to step up on Social Security even though the polls showed that was unpopular. He has not been successful and backed off, but I admire people who take on big problems. ↗

— Donna Shalala

#backed #been #big #big problems #bush

And let us not forget the Social Security system. Recent studies show that undocumented workers sustain the Social Security system with a subsidy as much as $7 billion a year. Let me repeat that: $7 billion a year. ↗

— Luis Gutierrez

#forget #let us #me #much #recent

What we should be trying to do is to encourage people to establish private retirement accounts and help them take pressure off the Social Security system. ↗

— Dennis Moore

#encourage #establish #help #off #people

Last night, I had a telephone townhall for my constituents back in Vermont, and we had 11,500 people on it. And I had people on Social Security saying if getting fewer benefits will help us on the debt, they're for it. And I had a farmer saying that he's had subsidies for 35 years but we can't afford them anymore. ↗

— Peter Welch

#anymore #back #benefits #constituents #debt

I never sought to privatize Social Security. ↗

— Saxby Chambliss

#never #privatize #security #social #social security

The mortal enemies of Social Security and Medicare are those who, in contempt of the plain arithmetic, continue to mislead Americans that we should change nothing. ↗

— Mitch Daniels

#change #contempt #continue #medicare #mislead

Our country also hungers for leadership to ensure the long-term survival of our Social Security system. With 70 million baby boomers in this country on the verge of retirement, we need to take action to shore up the system. ↗

— Kay Bailey Hutchison

#also #baby #baby boomers #boomers #country