Cliff Stearns: “Republicans will honor and strengthen Social Security. We will protect all benefits for today's seniors and ensure that…”

“Republicans will honor and strengthen Social Security. We will protect all benefits for today's seniors and ensure that Social Security is available for their grandchildren. The administration has done nothing to save Social Security in the last 8 years even though the massive baby boom generation will begin drawing benefits 8 years from now. When Social Security first started, there were 42 workers to support each retiree. In a few decades, there will be only two workers per retiree. As a result, Social Security benefits will exceed contributions beginning in the year 2015 and the system will go bankrupt in the year 2037. The Vice President touts his plan for Social Security, but his plan would do nothing to improve the program's long-term solvency and will lead to higher taxes or cuts in benefits. In fact, the Vice President's plan would leave the basic structure of Social Security untouched, essentially gambling that future generations would be able to pay the bills when the baby boom generation begins to retire in full force. This is not good. Help is on the way with a Republican White House and a Republican Congress.”