Political Quotes

David Thomas: “But under the private annuity programs, they can't fall back on the Government. They are private. This is a mixture, and…”

On the recordNovember 28, 2001
But under the private annuity programs, they can't fall back on the Government. They are private. This is a mixture, and it is sort of confusing for most of us. The Social Security, of course, has supplemented this substantially, largely because there are three beneficiaries to every earner, I understand.
Said by
David Thomas
New York

Editor's note · Context

Discussing the complexities of private annuity programs and their relationship with Social Security.

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