So we can be certain that the baby boomers are going to arrive in need of Social Security and Medicare. That is coming. But we have this uncertainty when it comes to war and its cost, which could dramatically increase the deficit, money taken out of the Social Security trust fund, just as the baby boom generation comes of age and expects their benefits will be paid.
Dick Durbin: “So we can be certain that the baby boomers are going to arrive in need of Social Security and Medicare. That is coming.…”
Editor's note · Context
Discussing the implications of war costs on Social Security and Medicare during a Senate debate.
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