On the recordMarch 2, 1999
I think maybe we will start believing these resolutions and we will do it. But, look, everybody needs to understand it is not easy. A Committee on the Budget staffer just figured out if we put every cent of the surplus into Social Security at a nominal return of 10.5 percent, every cent of the surplus over the next 5 years, it would only keep Social Security solvent until the year 2040. I mean this is a tough question. It is so easy to demagogue. I hope there will be a commitment by both sides of the aisle and the President of the United States to not criticize parts of the program as we try to move ahead with a very serious effort to make a solution. I would ask the Democrats to give us their ideas and their proposals that can be scored to keep Social Security solvent and, likewise, Republicans do the same, to try to seriously move ahead with saving a very important program.
Source
govinfo.gov
