Political Quotes

“Mr. Greenstein says: ``We estimate that the legislation would cost roughly $2.9 trillion over 2026 to 2035, the first full decade it would be in effect. ``The revenue loss would come at a time when the baby boom generation will be retiring in large numbers . . . causing Medicare and Social Security costs to rise considerably.'' Indeed, when this bill kicks in in 2026, it is the first year in which all members of the baby boom generation, including the youngest, will be eligible to draw on their Social Security retirement funds. It is also the year in which those in that generation will turn 80; and, as we all know, that is the time when they need medical attention the most and a time when the Nation will desperately need these revenues. My Republican colleagues are paying for this tax reform on the backs of American seniors, forcing devastating cuts to Social Security and Medicare. Under the guise of tax reform, the trillions they are adding to the deficit is no accident, and cutting Social Security and Medicare has always been the next step. News flash to my colleagues who refer to Social Security and Medicare as an entitlement: It is not an entitlement. It is the insurance that people have paid for, working all their life. And how do we know this? How do we know this, America? Because all they have to do is check their pay stub where it says, ``FICA,'' Federal Insurance Contributions Act. Whose?…”