#social security

We are confronting a situation in which the Administration, in my view, is once again manufacturing a crisis. There is no crisis in the Social Security system. The system is not on the verge of bankruptcy. ↗

— Paul Sarbanes

#again #bankruptcy #confronting #crisis #manufacturing

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

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