Political Quotes

“I think this is the time of year when every American... should be looking at their payroll check... Government taxes 41 cents out of every dollar you make. Government, in their thinking that they can make decisions of how to spend the money you earn better than you can, have simply decided to keep increasing the size of Government, doing more things, making more promises. Mr. Speaker, I wanted to talk for a few minutes today on one of those promises, which is Social Security. Now, politicians have promised more than they can deliver on Social Security. The official estimate of the Social Security Administration is that Social Security is going bankrupt. This first chart that I have shows that there is going to be a slight surplus of money coming into Social Security until approximately 2011. After that, the taxes coming in that pay for the benefits going out are going to not be enough to adequately supply the existing benefit grant level. So the red part of this graph shows how much deficits are going to increase if we are going to keep our commitment under the existing Social Security benefit plan.”