Thomas J. Donahue Quotes
You can fix the entitlements problem today, but if we wait 10 years, then fixing it will lead to a national catastrophe.
Topics
Action
Delay
Government Spending
Reform
Social Safety Net
Social Security
Catastrophes
Economic Collapse
Economic Stability
Entitlement Reform
Entitlements
Fiscal Crisis, Financial Crises
Long Term Planning
Pension Reform
Reformer, Reformers
Social Security Trust Fund
Timing
Urgency
Retirement Benefits
Delayed Action
Financial Consequences
Policy Change
demographic impact
Citations
Thomas J. Donahue, President and CEO of the U.S. Chamber of Commerce, Interview, C-APAN, September 1, 2013
Sourced by: Eigen's Political and Historical Quotations
Related Quotes
With entitlement programs, Congress and the Administration have very little control over the annual expenditures because once someone is legally entitled to a benefit, the government must pay it. It is not a matter of discretion but an obligation.