Political Quotes

“the administration has told us Social Security is in a crisis, headed for an iceberg, going broke, yet last week's revelation that the Medicare drug bill will cost nearly three times more than its original price tag, for a total of $900 billion, known in the real world as a $500 billion overcharge, calls into question the notion of privatizing Social Security. Apparently the leaders here in Washington are content to ignore the 900-pound gorilla in the room. I would like to remind everyone that it was none other than the Fed Chairman, Alan Greenspan, who told the House Budget Committee in February of 2004, the concern is not so much about Social Security, the outlook for Medicare is much more difficult to assess. We really do not have a clue about the outlook for Medicare and never have. The distinguished Fed Chairman is an expert on the challenges facing Social Security. He is undoubtedly getting tremendous pressure today to change his story. Mr. Chairman, Federal Chairman Greenspan, do not get weak in the knees today, or ever. This is no time to change your judgment. Your integrity is a precious asset. I was there at the Budget Committee hearing when you said Medicare is a more serious problem. Mr. Speaker, we have a health care crisis in this country. Privatizing Social Security is not an ideological solution in search of a crisis.”