It is a good start. We need to remind ourselves that simply not spending the money does not fix the solvency problem of Social Security or fix the solvency problem of Medicare. Mostly because of demographics, the actuaries have determined that both of these programs are going broke, the challenge is, where do we get that money to keep the commitment we have made to seniors that those promised benefits are going to be there. I think all Members can support this kind of legislation that encourages not spending any of the Social Security or Medicare surplus money on other government programs. This commitment is going to help some with the huge problem of keeping Social Security and Medicare solvent. I was hoping in this presidential election that we could come debate real specifics in terms of how we are going to save Social Security and Medicare. Sadly, it would be demagogued because it is so easy to scare the seniors that depend on these programs. This President, I think, had a unique opportunity to lead us, in the last three years to keep Social Security solvent forever. That did not happen, and now we are hoping that the next President will do that.
Editor's note · Context
Discussing the solvency issues of Social Security and Medicare during a floor speech.
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