Tom Price: “you know Social Security is quickly becoming social insecurity for millions of Americans approaching retirement. Let us…”

“you know Social Security is quickly becoming social insecurity for millions of Americans approaching retirement. Let us take a step back for a moment and take the politics and the pundits and rhetoric out of the debate, and let us examine the most overlooked aspect of what has been discussed thus far, the facts. Fact: Social Security is safe for today's seniors, but is in serious danger for our children and our grandchildren. Fact: since the 1950s, the number of retirees has been rising faster than the number of workers. And fact: without reforms, Social Security is not sustainable in the long run. Mr. Speaker, the system is not in crisis; the system is not in limbo. The system which worked well for many, many years is now broken. Payroll taxes have been raised 20 times since the 1930s to keep the system functioning, and that is no longer an option. Soon Social Security will be paying out more than it takes in. No matter which side of the aisle you are on, if things continue the way they are, there will be no security for our children and our grandchildren.”