Political Quotes

Tom Harkin: “One thing I did not mention, but as he alerted the Senate, we are now being told we will not be able to meet our…”

On the recordNovember 17, 2004
One thing I did not mention, but as he alerted the Senate, we are now being told we will not be able to meet our obligations under Social Security if we continue down this path. Therefore, what we need to do is somehow privatize Social Security and put it out on the stock market, like Enron stock, for future beneficiaries. Now we are going into debt further and further and we have huge tax breaks for the wealthy, for the most privileged among us, and we are being told we will not have enough money to pay our obligations under Social Security.
Said by
Tom Harkin
Democratic · Iowa
Source
govinfo.gov

Editor's note · Context

Discussing concerns about Social Security and proposed privatization during Senate debate.

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