03/03/2025
https://transcripts.cnn.com...
"When you take in $1 in premium and pay out $1.20 in claims, that is not a sustainable business model."
"You are calling out things that you see on the horizon, kind of sending out warning flags of, look, we are not going to be able to sustain this kind of program if we don't do something dramatic soon."
"So all the revenue we collect comes out of working people. And we have seen a very low labor participation rate."
"When you indulge in deficit spending for too long a period of time there is no bright light at the end of the tunnel other than maybe a freight train coming at you."