Political Quotes

Mark Neumann: “Well, to answer that I think we need to understand how Social Security fits into that picture. Because, in fact, Social…”

On the recordApril 16, 1997
Well, to answer that I think we need to understand how Social Security fits into that picture. Because, in fact, Social Security is a very big part of whether or not we can balance the budget. A lot of people would like to take the Social Security Trust Fund money, the extra money that is being collected over and above what is being paid out to our senior citizens in benefits this year, the money that is supposed to be put in a savings account, they would like to take that money out of the savings account, put it in a government checkbook, spend it, and call the checkbook balanced, even though they are spending the money from the Social Security trust fund.
Said by
Mark Neumann
Wisconsin
Source
govinfo.gov

Editor's note · Context

Discussing the implications of Social Security on the federal budget.

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