Social Security Sustainability Quotes

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.

Even the Congressional Budget Office and the Social Security trustees appointed by the president say that Social Security is financially sound, without any changes for the next 40 to 50 years.

We must level with the people and explain to them that Social Security will first face funding problems in 2042 that can be fixed now with changes that do not undermine and ultimately drain from the entire program.

I am staunchly committed to ensuring the long-term solvency of Social Security and preserving full benefits for Americans who have spent their entire working lives contributing to this program.

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.

The only way to save Social Security is to raise the retirement age.

Specifically, I am concerned about the long-term condition of Social Security. I am committed to ensuring that current beneficiaries and those nearing retirement face no reduction in benefits, while preserving this vital program for future generations.

I think we need to make sure that we are putting Social Security on a sustainable path. It's absolutely something that the federal government is going to be involved in, in the future.

I am dedicated to making sure Social Security will be there for future generations and have written legislation to strengthen the program.

I am not a great fan of the payroll tax holiday because I'm nervous about what it does to the future of Social Security.

While Social Security faces some long-term challenges, the system is not in crisis.

The children of baby boomers should take very seriously the consequences for them of the inadequate funding for them of the baby boomer generation. This is a huge economic problem for the nation, not just for individuals or individual families. Think about it for a minute - if retirees become 20% of our population and their purchasing power falls below what has been normal for retirees in the past, one important engine driving our economy will be diminished.

I'm going to be working the next 25 or 30 years. People like me, if we want, number one, for no benefit reductions for our parents and our grandparents, number two, for the system to survive and exist for us, and, more importantly, number three, for the system to exist for us children, we are going to have to make reforms to that system.

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.

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.

Congress must take some thoughtful and targeted steps towards long-term solvency in the Social Security program. One such step is to eliminate the cap on income that is taxed for Social Security.

Do I want Social Security to be there for my kids and my grandkids? Absolutely. Will I fight like a tiger to make sure that we protect Social Security? I absolutely will.