Political Quotes

On the recordFebruary 25, 1997
I truly am concerned about my future as a citizen of the United States of America. He also adds, 'I am worried about my future. Will there be any Social Security money left for me to have and live on after I am retired?' The concern is there. If you want a balanced budget, vote for the Reid amendment. In 1983, I had to cast a very, very hard vote. That is when we increased the taxes on Social Security. We did it so it would be there for the so-called baby boomers. We developed a surplus on purpose so they would be taken care of in the outyears. Now we find that, if this balanced budget amendment is passed as is without the Reid amendment, it will be a piggy bank that will not stand the crowbar of balancing the budget. They will break that piggy bank and use that Social Security money like it is going out of style.
Said by
Gerald Ford
Republican · Michigan
Source
govinfo.gov

Editor's note · Context

Discussing concerns about Social Security and the balanced budget amendment.

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