05/07/2024
https://www.congress.gov...
"For anybody to say that Social Security is solvent to the year 2035 is just--I just think that is a false statement."
"If we would just return to a normal economy, which we had in 2007, when revenue generation was 18.5 percent of our economy, that would add an additional $435 billion per year."
"Within the next 10 years, the cash deficit in Social Security will be about $1.3 trillion."
"The Social Security Trust Fund in total, on a consolidated basis, has no value to the Federal Government."