Political Quotes

“Well, I appreciate that. And especially when you consider the fact that 77 million baby boomers are going to retire between now and 2029. You were just pointing to 2030. And where we are with getting to that budget in 2030, you would be able to pay for Medicare, Medicaid, Social Security, and defense when you get to the line on 2030. And I think also, as we look at our entitlements and we look at Social Security, we know that in 1960, we had a 5:1 worker ratio, five workers for every one retiree. In 2007, this past year, we've had three workers for every one retiree. And by the time we get to 2030, we're going to have two workers for every one retiree. So you're going to have a married couple with children supporting their family plus supporting a retiree, and I think that that adds to the push that we feel and the urgency that we feel. You're exactly right. And I thank the gentleman from California for all the leadership that he brings to this issue because beginning to deal with the long-term structural issues that exist in this budget are vitally important to us. It is something that has to be dealt with, and it's something we can't kick the can down the road. And I yield.”