On the recordJuly 7, 2011
$3 trillion is a lot of money. You can't pay benefits in bonds. Social Security needs cash.
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congress.gov$3 trillion is a lot of money. You can't pay benefits in bonds. Social Security needs cash.
Johnson highlights the financial challenges facing Social Security and the need for cash to pay benefits.
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I was very angry about it. And a lot of my members called me and said: ‘Did you know about it?’
We are gonna put that on the floor for [a] full vote next week, soon as we get back.