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Grace Napolitano Quote: 'Our Hispanic community needs to understand ...'

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To allow all U.S. workers to put part of their earnings into private investment accounts would definitely erode the Social Security system and cause uncertainty for new investors.
Grace Napolitano
Tags: Would New Part
We need to strengthen and save Social Security for today's workers. If we don't act now, this system, born out of the New Deal, will become a bad deal.
Mitch McConnell
Tags: Out Will Now
The president's claim that Social Security is going broke is misleading at best. The sky is not falling, although there is no doubt that the system needs to be strengthened.
Grace Napolitano
Tags: Best Going Social
The reality is that the workforce relative to the number of people retired has shrunk and today in America there are only 3.3 working Americans paying payroll taxes to support each individual currently retired and collecting Social Security taxes.
John Shadegg
Since 1935, this has been a pay-as-you-go system, and I always believed when I first started talking about Social Security that there was a little box that had my name on it and it had my benefits for when I retired. That is not true.
Judy Biggert
Tags: About Always Had
Our country also hungers for leadership to ensure the long-term survival of our Social Security system. With 70 million baby boomers in this country on the verge of retirement, we need to take action to shore up the system.
Kay Bailey Hutchison
Tags: Leadership Up Our
Since Social Security was established by President Franklin D. Roosevelt in 1935 to ensure economic security for American workers, poverty among American seniors has dramatically declined.
Steve Israel
Today there are about 40 million retirees receiving benefits; by the time all the baby boomers have retired, there will be more than 72 million retirees drawing Social Security benefits.
Tony Snow
Tags: Time About More
Under the current pay-as-you-go Social Security system, not one person is actually guaranteed benefits.
Ginny Brown-Waite
The Bush Administration claims there is a Social Security crisis only to distract Americans from its serious mismanagement of the federal budget.
Mark Dayton
The retirement age needs to be raised. A portion of Social Security ought to be privatized, if not all. And there probably needs to be some means testing. It's a Ponzi scheme that's not sustainable.
Gary Johnson
Tags: Age Some Means
I was very concerned that President Bush is still trying to frighten or scare the American people with respect to the condition of the Social Security system.
Paul Sarbanes
I think we'll build a consensus for action on Social Security reform which will reduce that long-term unfunded obligation and put the system on a sustainable basis.
John W. Snow
Most people understand life expectancy has changed since Social Security started in 1937 when folks lived to be 59 years old. Today, they live to be 77 years old.
Jack Kingston
Tags: People Life Most
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Social Security is the very foundation of retirement security for millions of Americans.


Sue Kelly
I have a statement on the Social Security. A lot of people approaching that age have either already retired on pensions or have made irreversible plans to retire very soon... I consider it a breach of faith to renege on that promise. It is a rotten thing to do.
Thomas P. O'Neill
Tags: Age Faith People
I believe that as a nation we must have a bipartisan discussion about how to best preserve and protect Social Security for our seniors and for future generations of Americans.
Steve Israel
Tags: Best Future About
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Social Security is a promise that we cannot and must not break.


Bernie Sanders
We have a serious structural deficit problem. And it needs to be addressed. The president is trying to address it through reforms of Social Security, but the problem is there with other entitlement programs like Medicare and Medicaid.
John W. Snow
Women would be disproportionately affected by the privatization of social security. It is one of the most important safety nets for American women in old age, or in times of disability, to insure financial income for their families.
Barbara Mikulski
Tags: Women Age Would