#social security

Even the Congressional Budget Office and the Social Security trustees appointed by the president say that Social Security is financially sound, without any changes for the next 40 to 50 years. ↗

— James Roosevelt

#appointed #budget #changes #congressional #even

One poll shows that by 61 percent to 29 percent Americans under 40 say that Social Security needs to be fixed. ↗

— Virginia Foxx

#needs #percent #poll #say #security

I think we'll build a consensus for action on Social Security reform which will reduce that long-term unfunded obligation and put the system on a sustainable basis. ↗

— John W. Snow

#basis #build #consensus #i #i think

Social Security represents an $11 trillion unfunded obligation. And when I say unfunded obligation, I mean we have to come up with $11 trillion at some point to make the system whole. ↗

— John W. Snow

#i #make #mean #obligation #point

We have a serious structural deficit problem. And it needs to be addressed. The president is trying to address it through reforms of Social Security, but the problem is there with other entitlement programs like Medicare and Medicaid. ↗

— John W. Snow

#addressed #deficit #entitlement #entitlement programs #like

We promote domestic savings by also things like the personal accounts associated with the president's Social Security initiative, which over time would generate more savings. ↗

— John W. Snow

#also #associated #domestic #generate #initiative

In other words, Social Security is every bit as insecure as the stock market. ↗

— Tony Snow

#every #in other words #insecure #market #other

The real sin with Social Security is that it's a long-term rip-off and a short-term scam. ↗

— Tony Snow

#real #rip-off #scam #security #short-term

Today there are about 40 million retirees receiving benefits; by the time all the baby boomers have retired, there will be more than 72 million retirees drawing Social Security benefits. ↗

— Tony Snow

#baby #baby boomers #benefits #boomers #by the time

Social Security has been effective for 70 years; prior predictions of its demise have been totally overstated. ↗

— Grace Napolitano

#demise #effective #overstated #predictions #prior