Joseph Knollenberg: “let us examine for a moment the Republican charge that Democrats had 40 years to do something about Social Security, but…”

“let us examine for a moment the Republican charge that Democrats had 40 years to do something about Social Security, but did not set aside one dime in all of that time. Well, the charge is quite true, the proof being, of course, that if they had, where is the money that they put aside? As everyone who knows how Social Security works would attest, there is no real Social Security Trust Fund. And funds that come in for Social Security are paid out as soon as they come in for the reasons that the previous speaker mentioned. Is there a Democrat that can deny that? Is there a Democrat that can deny that the Democrats controlled this body for 40 years? How truly ironic that the very same Democrats that are attacking Republicans for setting aside over $1 trillion for Social Security put aside exactly zero when they were in the majority. This I think is an excellent example of the other side's disregard for the truth and the accuracy. Do not seniors deserve better?”