David Schweikert: “Last week, I promised we were getting close to actually finishing our math in regard to what was the true story of what…”

“Last week, I promised we were getting close to actually finishing our math in regard to what was the true story of what was happening with Social Security. A couple of our Ph.D. economists have spent months, and we have put it together. However, I first want to talk a little bit about the politics of telling the truth around this place. Then I want to talk about the reality that the Democrats, our brothers and sisters on the left, either willfully or through ignorance, their solution just doesn't get you there, and the immorality. Let's first walk through something. How many of you have heard over and over from me behind this microphone that, in 2033, 2034, a 25 percent cut, because the Social Security trust fund is emptied? I had a debate the other day with a Democratic Member here who is running for another office, and she was saying Social Security doesn't contribute at all to the debt and deficit. She is absolutely right. That is not what we are discussing. What we are discussing is, in 8 or 9 years, we are going to double senior poverty, the average couple in America. In 2033--I am going to use 2034 because at least that is more of a consensus number for the exhaustion of the trust fund. That average couple in America will take a $17,400 cut. Articles that we have been collecting on the number of baby boomers who are ending up homeless--they are ending up on the street. We are looking at numbers that would explode that type of dystopian vision.…”