So where are the jobs, and where are the higher wages this President promised?

The one program that isn't going to fail them, that is there, and never missed a payment, is Social Security.

We think it is unacceptable for many people, especially working women, that they retire into poverty.

Social Security is an insurance plan. It is not an entitlement.

We wanted to make sure with our program that we would offer middle income tax relief for seniors.

In fact, we increase people's benefits because they also have not kept pace.

We think that it is vitally important to make sure, especially with the solvency, that we look at this and combine both the old-age and retirement and disability together.

Congress should be about the vitality of ideas.

We think it unacceptable that our COLAs have been determined by a CPI that doesn't actually reflect what the real costs the elderly incur are.

We believe that especially with so many people finding themselves in the position where Social Security is their only retirement.

What we have seen consistently is that the budget for Social Security has fallen by 10 percent since 2010.

We shouldn't throw the baby out with the bathwater.

to be seated at this dais between two iconic American heroes in Sam Johnson and John Lewis is in and of itself, I think for every member of this committee and the body in general, an honor to serve with perhaps two of the greatest…

Social Security is widely known as being the most efficient governmental program that we have.

It would cost you less than this Starbucks latte to make Social Security solvent into the next century.

I know you also understand that many American workers feel that the international trade has eroded the middle-class wages and led to job loss.

What are the Administration's plans with respect to the U.S.-Korea Free Trade Agreement?

You had better get rid of the barriers to our exports to you.

we believe it is critical to ensure our businesses and our workers maintain their economic and competitive position in the international markets.

I commend you in that area, and also for the encouragement that we are not going to be dropping out of KORUS.

What is your plan when it comes to the enforcement of labor and environmental provisions in our future FTAs?

the priorities for our trade policy must be to support and help create good American jobs, grow the economy, set basic standards for our partners to live up to, improve market access, and protect the labor rights and the environment.

While I put up a couple of charts here, the most noticeable one is I want to make everybody aware that tomorrow morning at 9 a.m. we will unveil ACTION, a call to national service. It will be carried live streaming on YouTube tomorrow…

Anyone who abuses this system, a sacred trust, ought to get the ultimate penalty.

What a credit to government service you are, and I thank you for being here today.