Kent Conrad: “I believe Krauthammer is partially right. Debt is a significant threat to Social Security. But there is a second threat.…”

“I believe Krauthammer is partially right. Debt is a significant threat to Social Security. But there is a second threat. The second threat is raiding the trust funds to cover operating expenses. Just as a financial principle, I do not think we want to put in the Constitution that taking trust fund money to pay for operating expenses is the right way to go. I agree completely with the Senator from Illinois on the debt being a significant threat to Social Security as it is to the economic future of our country. That is the underlying problem that fundamentally we must address and I think we have an obligation, especially when we talk about the Constitution of the United States, to do it in an honest way.”