George H.W. Bush: “I think we have pinpointed it. And I would refer you to the OMB Director. One of the ways to do it would be to help by…”

“I think we have pinpointed it. And I would refer you to the OMB Director. One of the ways to do it would be to help by $20 billion by passing our reform of liability. And everybody knows the liability claims are extravagant, and it raised the cost exponentially. And so we've got to do something about that. And I also know that our budget calls for capping the growth, adding for population and new people, of the mandated spending. Therein lies a lot of the financing. So it's up there, not entirely, I'll admit that, but quite a bit of it. Social Security”