11/29/2005
https://www.presidency.ucsb.edu...
"You realize that this system of ours is going to be short the difference between obligations and money coming in by about $11 trillion, unless we act."
"More and more retirees have taken out money relative to the number of people putting money in."
"One of the tests of leadership is to confront problems."
"Social Security is sound for today's seniors and for those nearing retirement, but it needs to be fixed for younger workers – our children and grandchildren."