Political Quotes

“reclaiming my time, I am over 55 and many of my friends are over 55. I hear it more often from people that are 49, that say, now, wait a minute, if you are going to cut off the people who can benefit from these at 50, I only have a year to go; so how long is it going to take you to pass this bill so that I can get in the gate and be one of those that can also grow a personal account within Social Security to help pay some of the benefits that I will be entitled to when I retire. So I have heard that and I agree with my colleague. It is very heartening to talk to the seniors. They obviously know that they depend on Social Security. They deserve to be reassured that their benefits are not going to change. But many of them remember that the Democrat Congress in 1993 passed a tax on Social Security. They raised the taxes on Social Security significantly. They had thought that their Social Security would be untaxed. Now it is taxed, and they realize that if we can secure Social Security for the long run, that their current Social Security is even less likely to incur higher tax rates or a greater percentage of their Social Security tax. That is reassuring to them and also gives them a sense that they have helped steer or shepherd Social Security through sort of this transition so that it will be there for their children.”