Debbie Wasserman Schultz: “What I wanted to bring out was exactly what the gentleman was talking about. We have a problem that needs to be…”

“What I wanted to bring out was exactly what the gentleman was talking about. We have a problem that needs to be addressed. But we can not throw our Nation's retirement security, our constituents' retirement security, to the whims of the stock market and then add insult to injury by saying that we are going to adjust their benefits based on the price index as opposed to their wages, because obviously wages grow more quickly than prices do. So their benefits are going to be cut both through the indexing and through the privatization and on top of that will add to the deficit. This is about the most irresponsible proposal that I have ever heard of.”