Joe Heck Quotes

Without significant reform, the Social Security Administration will be legally and financially unable to pay full promised benefits within a generation.

President Bush is manufacturing a crisis by suggesting that Social Security is in imminent danger. It is not.

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.

Social Security and Medicare are necessary safety nets, but they are nearing insolvency as fewer pay in, more take out, and more take out more.

It's not 2038 that Social Security is bankrupt. It's now.

According to the Social Security Administration, in 1945, 41.9 workers supported each individual retiree, while today only 3.3 workers support each retiree. This system cannot continue.

The Social Security disability fund is going belly up in 2016.

The real Social Security crisis is that the government does not have the money to redeem its IOUs.

If you can't even acknowledge that you have to fix Social Security, that's not a very good starting point.

I know that plenty of folks have issues with Social Security, but I'd urge them to confront it on its own terms. Calling it a Ponzi scheme is misleading and does more to cloud the issue than it does to illuminate it. And yes, I do know that unless changes are made, the current system is unsustainable. But that doesn't mean it's fraud.

Since Medicare is on track to go bankrupt in 2024, the de facto Obama Medicare plan is to rob it and watch it disappear, leaving future generations without any hope of receiving benefits and today's seniors with an unpredictable future.

Medicaid is essentially bankrupt, Medicare is essentially bankrupt, why the heck would we give the federal government another entitlement program to manage?

I've developed a lot of reform proposals myself and been accused of trying to destroy Social Security, when the whole point was to try to save it. I think most people know that Social Security is bankrupt.

The entitlement state has driven us into insolvency.

It's amazing that no matter how much money you have, you can make some bad decisions, and in five months you're on the street, begging.

When your outgo exceeds your income, the upshot may be your downfall.

What you have in legacy countries is long-term insolvency.

The administration in my view is once again manufacturing a crisis. There is no crisis in the Social Security system. The system is not on the verge of bankruptcy.

If we do not act now to strengthen Social Security, the system that so many depend upon today will be unable to meet its promises to tomorrow's retirees, and it will burden our children and grandchildren with exhaustive taxes.

No one can reasonably deny that Medicare is headed for insolvency, and that Medicare's insolvency, if not rectified, will lead to the federal government's insolvency.

There is no prospect that today's younger workers will receive all the Social Security and Medicare benefits currently promised them.

Not only have government bills been dishonored and the interest on the public debt remains unpaid, but … so completely empty is the Treasury and destitute of credit, that funds cannot be obtained to defray the ordinary expenses of the different departments.

If a division becomes insolvent, the credit markets' reaction to that is immediate - regardless of what period of time you think you have to remedy.

I would still be at Milan if it weren't for their financial problems.

You are already broke and don't even know it.