Mark Neumann: “That is a second possibility, but if we borrow more money, that just keeps making our debt bigger and bigger, and if the…”

“That is a second possibility, but if we borrow more money, that just keeps making our debt bigger and bigger, and if the debt keeps getting bigger and bigger, the interest payment keeps going up higher and higher, and what we are passing on is a legacy to our children and our grandchildren that is more and more taxes that they have to send to Washington to do nothing but pay interest on the Federal debt. So I sure do not like the idea of higher taxes, and I sure do not like the idea of borrowing more money, and the idea that somehow in Washington we are going to miraculously reduce spending elsewhere so that we do not have to raise taxes or borrow more money, that is just not going to happen. So when the Social Security IOUs come due, if we have not taken the action, and again let me make it very clear that if we do enact the Social Security Preservation Act, the Social Security Preservation Act puts real dollars into the Social Security Trust Fund so when the shortfall occurs, you go to the Social Security Trust Fund much as you would go to a savings account and get the assets out.”