Germany, I think, was first to substitute a Social Security program for its elderly based on this premise, that is, that we would tax workers to pay retirement benefits for those retired.
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.
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.
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.
I think it's very important not to confuse the importance of dealing with Social Security in the long term with these short-term deficit reduction challenges. They're different issues.
Will some reporter, or some Republican on the Sunday shows, please ask why tax cuts raid the non-existent Social Security Trust Fund but all the Democrats' new spending doesn't? Will someone please ask that?
As pressure grows to ease the financial burden on social security, pressure will also grow to eliminate the elderly and infirm to 'free up' more money for the 'fit' and those who contribute more than they take from society.
We need to build on the success of Social Security by developing bold and innovative ways for Americans to build wealth and save for retirement. I believe we can work together in a bipartisan manner to accomplish these goals.
We're an air bag society that wants guarantees on everything that we buy. We want to be able to take everything back and get another one. We want a 401-k plan and Social Security.
I favor the abolition of all Social Security, Medicare and estate taxes. In their place, we should create a simple income tax system that has no deductions or credits at all.
It is often in the name of cultural integrity as well as social stability and national security that democratic reforms based on human rights are resisted by authoritarian governments.
Speaking of tax fairness, it was Senator Kerry who voted to increase the income tax on senior citizens on Social Security, earning as little as $32,000 a year.
We're taking on Social Security as a property rights issue. We figure that every single American has an absolute property right interest in the fruits of his or her own labor. What I work for should be my property.
Sean Parker: Hang on. Almost forgot. [holds a check in front of Eduardo] Sean Parker: Here's your $19,000. I wouldn't cash it, though. I drew it on the account you froze. [Eduardo goes to hit Sean; Sean cowers] Eduardo Saverin: [Eduardo pulls back, h...
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.
One line I'd draw would be on raising the eligibility age for Social Security and Medicare. It sounds fair, since people are living longer. But it isn't. Lower income workers are the ones who find it hardest to keep working after 65. And they'll get ...
The full retirement age is 67 and the lifespan is 80, so when they first conceived Social Security, they didn't think they were going to be paying benefits for 13-15 years. That's one of the reasons why this pyramid scheme isn't working.
The public has lost faith in the ability of Social Security and Medicare to provide for old age. They've lost faith in the banking system and in conventional medical insurance.
My grandmother lived to be 100 years old. Her grandmother was a slave, yet she was a college graduate in the Spellman class of 1917. She taught art for 50 years and she saved her Social Security checks for her children's education.
Social Security Number Cards by themselves were never intended to be personal identity documents because they cannot confirm that a person presenting a card is actually the person whose name appears on the card.
Though Congress continues to explore possible solutions to ensure social security solvency, everyone must take personal responsibility to prepare their own retirement savings accordingly.
