#social security

As you know, Social Security functions under the premise that today's workers will help finance benefits for retirees and that these workers will then be supported by the next generation of workers paying into the same system. ↗

— Steve Israel

#finance #functions #generation #help #into

I believe that as a nation we must have a bipartisan discussion about how to best preserve and protect Social Security for our seniors and for future generations of Americans. ↗

— Steve Israel

#believe #best #bipartisan #discussion #future

The rate of return on Social Security for people nearing retirement is about 1.5 percent. By the time young children like mine are ready to retire, that rate of return will be a negative percentage. ↗

— Paul Ryan

#by the time #children #like #mine #nearing

This debt crisis coming to our country. The wall and tidal wave of debt that is befalling our nation. Medicare and Social Security go bankrupt within ten years, we have a debt that is looming so high that in the last year of President Obama's budget just the interest payments on our debt is $916 billion dollars. ↗

— Paul Ryan

#billion #budget #coming #country #crisis

A market that's as open as possible is the precondition for a successful economy, and a successful economy is the precondition to being able to pay for social security. ↗

— Gerhard Schroder

#being #economy #market #open #pay

I think we should worry about Social Security first and then tax cuts second. ↗

— Bobby Scott

#cuts #first #i #i think #second

The first year of the Bush administration we used up all of the surplus and ended up just with the Social Security and Medicare surplus, and each year worse than the year before. ↗

— Bobby Scott

#before #bush #bush administration #each #ended

You know, Floridians, we've paid into Social Security. Like a lot of other government programs, we sent money to D.C. We expect to get that money back. We expect that our Social Security is real. So, we have to fix Social Security. ↗

— Rick Scott

#expect #fix #floridians #get #government

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