Statements about Social Security
Art Robinson says "Social Security should be ended through attrition."
In June 2012 "we actually had more people go on Social Security Disability [85,000] ... than the 80,000 jobs that were created."
Says Rep. Charles Bass "supports privatizing Social Security, risking trillions more on Wall Street."
"In Galveston, Texas, they have allowed people to privatize part of their Social Security. And people are building wealth."
Says President Barack Obama’s finance team is recommending a "1% tax on all transactions at any financial institution."
Each U.S. House member who voted to overhaul Social Security in 1983 was re-elected.
"In 1950, the average American lived for 68 years and 16 workers supported one retiree. Today, the average life expectancy is 78 and three workers support one retiree."
"A little less than 50 percent of the people in this country depend on some form of federal payment, some form of government benefit to help provide for them."
"When I was born, less than 10 percent of the federal budget was entitlement spending. It's now 60 percent of the budget."
Says Mitt Romney supports a plan "to slowly and gradually raise the retirement age of Social Security."
In just a few decades, Social Security, Medicare and Medicaid, other mandatory spending programs, and paying interest due on the debt will eclipse our entire budget.
Rob Cornilles has disputed for two years a news story that said he said he would cut Social Security and Medicare programs before trimming the U.S. defense budget.
Says Rep. Jim Renacci was "trying to leave town for the holidays without extending your payroll tax cut."
"The Social Security trust fund … is already facing imminent bankruptcy."
In Chile "they have 72 percent of the GDP in savings."
"Sixty-percent of the state retirees...don’t get Social Security.’’
"Current projections indicate that Medicare will go bankrupt by 2017, while Social Security will bottom out by 2037."
"Today, the Social Security system is broke."
"We have 10,000 baby boomers retiring every day."
Says he never said he wanted to move Social Security "back to the states."
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