On the recordMay 14, 2002
The Social Security system, along with Medicare, is probably the reason that only, as I understand the number, 1 out of 20, about 5 percent, of seniors live in poverty. My number may be a little low. But the point is that 20 percent of American children live in poverty, and yet approximately 5 percent of seniors live in poverty. It is shameful that 20 percent of Americans live in poverty, but one of the main reasons a smaller number of seniors live in poverty than our kids is Social Security and Medicare. The Senator from New Jersey is exactly right.
Source
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