Political Quotes

“This question always hearkens me back to a commercial which dates me a little bit. It was Fram Oil Filters. The question was: Pay me now or pay me later? The issue is, and the issue that, again, my colleagues on the other side of the aisle fail to address, and that is there is an unfunded liability here. How are we going to make it up? The question is, What is the best way to guarantee that for future generations? What I believe is, by allowing individuals to put money into accounts which they own, which increase in value, we will secure that system to the future. Does that mean coming up with more money now to secure the system later? Yes. But if you don't do that, you are going to pay much more later. So the question is, Pay me now--do it in a way that is progressive in the sense that individuals own money and have control of that investment, have real guarantees because it is their money--or pay me later, on a promise that my benefits will not be cut, which they will have to be, or taxes will not increase, which they will be.”