Thomas Daschle: “That's the concern we have about a $200 billion Social Security cushion that is all being drawn down; not only this…”

“That's the concern we have about a $200 billion Social Security cushion that is all being drawn down; not only this year, but for every year in the foreseeable future, every year in the coming decade. Every dollar of Social Security revenue coming in will be used to offset the costs involved in running the Government and providing the resources for the tax cuts the President has either advocated or actually enacted. There is no doubt that the fiscal irresponsibility and the recklessness that comes with the extraordinary reliance on Social Security trust funds at the very time the baby boomers are coming into retirement age is very troubling. I think it ought to be the subject of a lot more debate and scrutiny in the days and weeks ahead.”