I listened to these arguments, and I did not make the argument that we should have Social Security in the balanced budget amendment because the President is doing it. Everybody has done it because it is a unified budget that requires everything to be on budget. And on the other side of that coin, starting about the year 2014 Social Security goes in deep deficit. What are we going to do, keep that off budget so that we do not have to face the music, so we can keep borrowing?
Orrin Hatch: “I listened to these arguments, and I did not make the argument that we should have Social Security in the balanced…”
Editor's note · Context
Discussing the inclusion of Social Security in the balanced budget amendment.
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