Social Security has never contributed a dime to the nation's $14.3 trillion debt, not a penny to our federal deficit this year, or any year of our nation's history.
I think you have made that very clear, Mr. Chairman.
I would like to begin, first, by acknowledging something the chairman said, that we are looking at somewhere around 2036...
China, Japan, and every major corporation in America knows the same thing, and they are waiting to be paid, as well.
You have to work more, save more, and retire later.
I think you talked about how you have to figure out how you broaden the base in a fair way.
The more we acknowledge that today Social Security is paying benefits on time and in full, and has always done that for ...
These earned benefits would be taken directly from beneficiaries.
Social Security has never once failed to pay earned benefits on time and in full, even through 13 recessions.
The most immediate dangers to Social Security are the reckless cuts to its operating budget that put at risk its ability...
The U.S. Treasury bonds in Social Security's Trust Fund are real, and the trust fund is $2.7 trillion strong.