#social security

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

We must ensure that today's seniors' benefits are rock solid and find a solution that fixes Social Security for the next generation that is just entering the workforce. ↗

— John Thune

#ensure #entering #find #fixes #generation

If the economy is strained, then Social Security, like the rest of the government, will be, too. ↗

— Mark Dayton

#government #like #rest #security #social

The economist John Maynard Keynes said that in the long run, we are all dead. If he were around today he might say that, in the long run, we are all on Social Security and Medicare. ↗

— Ben Bernanke

#dead #economist #john #long #long run