Political Quotes

T. Gorton: “And then in several years, in a few years when the Social Security trust fund is paying out more money than it is taking…”

On the recordFebruary 13, 1997
And then in several years, in a few years when the Social Security trust fund is paying out more money than it is taking in, Congress would be able to pretend that the budget was balanced when, in fact, we were running a huge deficit in the Social Security trust fund. And, in fact, the Social Security trust fund could go absolutely bankrupt, could it not, and yet under that proposal the budget would still be balanced?
Said by
T. Gorton
Republican · Washington

Editor's note · Context

Discussing concerns about the Social Security trust fund and budget balancing.

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