On the recordNovember 18, 2011
I yield myself an additional 30 seconds to say that Social Security and Medicare are endangered. And do you know why they're endangered? Because we have a $15 trillion debt. And in all of those years that we didn't balance the budget, what did the Congress do? They went into the Social Security trust fund and took every penny of it and spent it on something else. And how ironic will it be that all that debt that we're transferring to the next generation, all of that debt will be on our children and grandchildren; and when they need Social Security and Medicare, it won't be there for them, not because of anything in a balanced budget amendment but because of the debt that we have accumulated. I reserve the balance of my time.
