Pete Sessions Quotes

We need to take steps to strengthen and mend Social Security so that its promise of a secure retirement is just as real for seniors in the future as it is today.

Social Security not only helps Americans enjoy a secure retirement, it has also kept millions of Americans out of poverty.

I stand with the millions of seniors and working people who depend on Social Security and who expect the money they put in to be there for them when they retire.

Social Security is an insurance policy. It's a terrible investment vehicle. Social Security has some great benefits. But it was never meant to be a savings plan. So we need to have a national debate. Should this 12.5 percent that we're contributing all go into a Social Security pool, or should half go into a mandatory savings plan?

The Social Security trust fund is in pretty good shape today and we should not embark upon risky, dangerous schemes which will, in fact, undermine Social Security, such as privatization.

The rate of return on Social Security for people nearing retirement is about 1.5 percent. By the time young children like mine are ready to retire, that rate of return will be a negative percentage.

Today, I'm 60, I'm not married, I don't have any kids. I would give up some Social Security to save a system that Americans are going to depend on now and in the future.

Privatizing Social Security doesn't make sense, and it's out of step with the fundamental value of ensuring that after a life spent working hard and contributing to the greatness of our nation, every American should have a secure retirement.

Privatizing Social Security will take dollars out of young folks' pockets.

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.

I think it’s a nutty idea to fool around with the Social Security system and run the risk of hurting the people who have been saving all their lives…. It may be a new idea but it is a dumb one.

The debate over Social Security should not be about how much we can cut from the program in order to balance the federal budget. The debate over Social Security should not be about raising the retirement age or limiting benefits. The debate over Social Security should be about retirement security.

No retirement system in the world is as broken as ours.

We must work hard to ensure that Social Security remains solvent for future generations.

Corporations are reneging on pension obligations. Social Security is under attack.

What we should be trying to do is to encourage people to establish private retirement accounts and help them take pressure off the Social Security system.

We must ensure that today's seniors' benefits are rock solid and find a solution that fixes Social Security for the next generation that is just entering the workforce.

Small changes done now would preserve Social Security at full benefit.

It's hard to exaggerate the importance of preserving the financial integrity of Social Security.

With or without a Social Security fix, Americans don't have enough assets to retire on. There has to be a much larger debate.

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.

There is a lot of room for improvement in Social Security. We owe our children the most financially sound system possible. They will have paid into it their entire working lives. They deserve to be protected by it. for our children and grandchildren.

When one gets old and they are sick, there are not many things they can count on but they should be able to count on Social Security. Our seniors' retirement should never rely on the bull of political promises or the bear of the market.

I will work with my colleagues on both sides of the aisle to preserve the Social Security promise that provides secure retirement benefits for all, especially those who are most at risk such as widows, orphans, and people with disabilities when the need arises.

We must work together to save and strengthen Social Security not just for my father's generation but also for my daughters' generation.