Political Quotes

“It is hard, I think, for people across the United States to recognize the extent to which people in this body frankly can become so clever with language and words that they have made an art form out of disguising the truth. As an example, let us just take the Medicare situation. I campaigned 2 years ago on the fact that the Social Security trustees, and this was in 1994, actually 1993 and 1994, that the Social Security trustees had reported that the system was in serious difficulty, and in 1994 they projected that the three major Social Security funds, the disability fund, the Medicare fund, and the Social Security retirement income fund were all going broke. Specifically they projected that the disability fund was going to be broke last year, that the Medicare fund would be broke in 2002, and when I say broke, there would not be a nickel left in it, and that the general trust fund for Social Security would be broke as early as 2029. I have a number of insurance and financial companies in my district. I checked with some of the professional economists and they said that the private projections are that Social Security could be broke as early as 2010.”