Political Quotes

“Very interesting. They do polls and they ask the American people, how do you think we should deal with the Social Security situation? The one alternative is to raise the age at which they get benefits. The other solution is to cut back on benefits. And the American people respond. Then they said, what about raising the cap, exactly what are my colleague is talking about. Poll after poll shows the American people think that is a very good idea. They think it is appropriate. As the gentleman just indicated, if they raise the cap, not only can they can create Social Security solvency for the 75 years that the actuaries actually want, they could actually have a tax deduction for low and medium income workers, which makes a lot of sense to me. But amazingly, despite the fact that this is an idea that the American people want, how many people in the Congress are even prepared to talk about that idea? Not a whole lot. Mr. DeFAZIO. Well, I am circulating a letter to all our colleagues this week asking them to sign on to the bill, which I will introduce when we return from the July 4 break. I think that certainly there will be many who will be interested in a progressive Social Security reform, a way to cut taxes for 95 percent of wage-earning Americans and assure the future of Social Security for generations to come. It sounds like a pretty good deal to me.”