Political Quotes

Tom Coburn: “Let us say that in a little plainer words. If you put X amount of dollars into Social Security and you were born in…”

On the recordMarch 3, 1999
Let us say that in a little plainer words. If you put X amount of dollars into Social Security and you were born in 1970, what that says is you would have to live to be 110 years old until you got that money back. That is not in real dollars, that is in dollars from 1970, which means you would probably have to live to 130 or 140 to get it back in real dollars, not counting earning any interest on the money that you had invested.
Said by
Tom Coburn
Republican · Oklahoma

Editor's note · Context

Discussing the long-term viability of Social Security during a floor speech.

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