Proclamation 7446—National Child's Day, 2001
06/01/2001
https://www.presidency.ucsb.edu...
You're looking at either major tax increases, major cuts in benefits, major cuts in other Government programs, or massive debt.
The problems only get worse over time, it doesn't go away.
He remains firmly committed to those principles for the reasons that we've stated.
The longer we wait to take action, the more difficult and expensive the changes will be.