let me commend the Committee on Rules and certainly the gentleman from Florida (Mr. Shaw) for initiating these kinds of needed changes. My suggestion is, let us start dealing with some of the real problems of Social Security and move this, allow this bill to proceed, because what is in this bill is fair and it is needed. I just want to take a couple of seconds to say how important I think it is to deal with the huge problem that we are going to be facing in Social Security. We have an unfunded liability now of $12 trillion in today's dollars. If we look at the dollars in future years that is going to be required to keep our promises in Social Security, then it is going to be over $25 trillion. It is something that is terribly disrespectful of current and future retirees to continue to put off the solution to Social Security. I would hope that we would continue this debate and discussion and look for ways that we can keep Social Security solvent. It has been a good program. Putting off the problem that we are facing and demagoguing in elections is not the solution.
Editor's note · Context
Addressing the need for reforms to Social Security and the urgency of its unfunded liabilities.
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