Mitt Romney: “The most predictable fiscal crisis our Nation faces is the looming insolvency of our Federal trust funds. That is why a…”

“The most predictable fiscal crisis our Nation faces is the looming insolvency of our Federal trust funds. That is why a group of 12 Senators put together an act to enable Congress to get ahead of this problem before it becomes insoluble. These colleagues include Democrat Senators Manchin, Warner, Sinema, King, and Jones. Last year we introduced this legislation called the TRUST Act to create three bipartisan, bicameral committees to rescue each of our major trust funds. This enables Congress to form those committees. I would note that failure to do so would imperil the solvency of the Social Security and Medicare trust funds and speed us along the road even further to crushing national debt. I am happy to take this amendment by voice vote, but I yield my time to Senator Angus King.”