Pete Sessions: “I appreciate that what the gentleman is talking about is very important; but part of this equation that was not talked…”

“I appreciate that what the gentleman is talking about is very important; but part of this equation that was not talked about was every single time that we have a new person that gets employed in this country, the Social Security trust fund shows a deficit, and every single time a person goes to work and draws a paycheck in this country, that shows as a deficit also. So by America working harder, with the old, antiquated Social Security system that we have, it all increases what is known as the debt of this country, because we do not save that money, we spend it. So what the gentleman has talked about is part of our own system which is creating the deficit, which is why we need to change it. So whoever comes to work for the first time tomorrow and for whoever is drawing a paycheck today, simply by working, we are creating a debt, because it is a liability that this government has to pay for. But that should not imply that that is necessarily irresponsible. It is the system that we have.”