On the recordFebruary 14, 2012
The real long-term looming crisis in terms of our budget is entitlements, Medicare and Social Security.
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congress.govThe real long-term looming crisis in terms of our budget is entitlements, Medicare and Social Security.
Johnson identifies entitlement programs as a major budget crisis.
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I'm concerned about them. I come from a state that will feel the pain of tariffs on the agricultural side and the manufacturing side, as well.
I don’t see any scenario where it’s going to be deficit-neutral. That’s my problem.
Unfortunately, Social Security surpluses were spent and never invested in assets that have value to the U.S. Government. It is a legal Ponzi scheme.