Political Quotes

Orrin Hatch: “The Congressional Budget Office says that, given existing benefit promises, we would have to raise payroll taxes by more…”

On the recordDecember 8, 2014
The Congressional Budget Office says that, given existing benefit promises, we would have to raise payroll taxes by more than 25 percent to put Social Security in financial balance over the next 75 years.
Said by
Orrin Hatch
Republican · Utah

Editor's note · Context

Hatch cites the CBO's estimate on necessary payroll tax increases to balance Social Security.

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