We are facing a debt crisis because Washington spends too much and wastes too much. Payments that are wrong due to fraud or poor management at Social Security are unacceptable.

cooperative disability investigation units are the key to reducing fraud in the Social Security program; would you agree?

Economic freedom is one of the fundamental, core principles of our country.

I think we owe the American people a sincere discussion here.

I share the concern of my colleagues when I see young people paying out, paying into the system.

Well, the baby boomers have had an effect on it.

But the United States Government doesn't have any money. We are borrowing it.

I think your warnings, early warnings, are really important.

This year's annual report again sounds the alarm that Social Security will be unable to keep its promises to the hard-working Americans who pay into the system.

I think that is one thing that Mr. Becerra and I do agree on, that we do need to have some reform.

That is what has happened.