Tom Coburn: “If we borrow the money from Social Security and we buy off treasury bills, we really do not lower our debt. We still pay…”

“If we borrow the money from Social Security and we buy off treasury bills, we really do not lower our debt. We still pay the same amount of interest, we are just paying it to ourselves, but our children are still going to have to pay it back. So the floated public debt actually does decline, but the amount of money and the lost opportunity for our grandchildren goes up. It is important the American public knows that, because we do want to pay off the debt. We would like to leave our children debt free, but we also want to leave them debt free with opportunity.”