let me just say that is not the only thing we could do. We could change the cost of living to the chained consumer price index. That would be OK. It wouldn't get us as much of a deficit reduction over 75 years--a chained CPI--but it would get us at least into a better position if we increased the age rate. I just want to give a note of history. When President Reagan was facing the same issue, and the Senate was one-party dominated and the House the other, he got together with House Speaker Tip O'Neill, and they formed a commission which started the increase in age that we have today because people were living longer and they were working longer. We can do the same thing President Reagan and Tip O'Neill did, because our government is a similar configuration, by coming together and acknowledging that people are living longer and are working longer. We can make accommodations for people who are in particularly physically strenuous jobs. I think all of us understand people in those jobs may not be able to work as long. We can do those things and fix this issue in a responsible way. Let's do it now. One more year is going to make it that much worse. We have added $2.1 trillion to the deficit in just 1 year. We can do this. Mr. President, I thank the Senator from Arizona for giving me the extra 2 minutes to say let's do it now. In fact, the Senator from Arizona has been a cosponsor of my bill to fix Social Security.…
Share
More from Kay Bailey Hutchison
today, Texas A&M University students, faculty, alumni, and fans--known as the 12th Man--are filled with pride and joy over the first Aggie to win the Heisman Trophy since John David Crow's Heisman-season in 1957. Johnny Manziel was named…
Absolutely. We should reinforce our efforts to get Russia to comply with the treaty, and it is the position of the American Defense Department, State Department, that Russia is in violation.
I think, from what our intelligence community has said... that there is a good likelihood yes.
I think we all know that everybody in America is pretty much talking about the fiscal cliff, and that what will happen at the end of this year will have an enormous impact on the economy of our country and its future. There is no doubt…





