Political Quotes

Bill Clinton: Because I haven't been able to pass it yet. Specifically, what I promised to do was to raise it and not to totally…

On the recordOctober 3, 1993
Because I haven't been able to pass it yet. Specifically, what I promised to do was to raise it and not to totally eliminate it. I think that--do you know what she's talking about? Do you all know what she's talking--once you start drawing Social Security, you can only earn so much money before they start to lower your Social Security check, even if you're totally vested and you're entitled to the whole thing. And a lot of older people are finding it necessary to go back to work today, or they want to go back to work. I mean, people are standing vigorous for much longer periods of time. And in the campaign for President, I said that I thought the earnings limit was way too low and should be substantially raised, and I do. And I don't even think it would cost a lot of money because the people who earn money pay taxes on the money they earn. And also with the population not growing as fast now, we need those older workers. And so, what I believe we should do is to raise the earning limit. We are negotiating now; we're talking about how much it can be raised, what we can pass through Congress, and what the costs will be. One of the things that we've done is, in get- ting serious about the deficit, is to have to make sure before we pass anything, we have to know as precisely as we can exactly what the costs will be. I personally believe, as I told you and I said during the campaign, that it wouldn't cost much, if anything, to raise the earnings limit because the people who go to work will earn more money and pay more taxes. But I still strongly support it. I think it should be raised, and I think it will be raised. It's just a question of how much and how quick I can get it passed in Congress. I am still committed to it, and I would like to urge you and anybody else watching this program who is in your situation to urge the Members of Congress from this State to vote to do that. This is one of those issues that there aren't a lot of people against; it's just hard to raise it on the radar screen of the Congress. And to be fair to them--it's easy to bash Congress--they're working 40 percent more this year than last year. I'm proud of that, 40 percent more. I've put all this stuff there, and they're working hard now because of all the things we've put before them. But this has not been addressed, and you're right to bring it up. I haven't forgotten it, but I need your help in building the kind of public support we need to change it. Mr. Atkinson. Mr. President, unfortunately we have to give way, I think, for a dolphin and ``SeaQuest'' here in a moment, but we wanted to save a little time for you. I think you have about a minute.
Said by
Bill Clinton
Democratic · Arkansas

Share

More from Bill Clinton

Aug 21, 2024

Kamala Harris has fought for kids her whole life that were left out and left behind. She's taken on gangs trafficking across the border. She's fought to protect the rights of homeowners.

cbsnews.com
May 31, 2025

I really thought Hillary should be president.

cbsnews.com
Dec 3, 2024

Shapiro is a great talent, and he’s tough.

nytimes.com
May 31, 2025

That ain't America. We've never done that.

cbsnews.com

Other voices in this conversation