A Quote by James T. Walsh

I do not believe that the Social Security system is in crisis. The Social Security Administration itself recently reported that the system is able to pay full benefits as they are defined today until at least 2042.

James T. Walsh

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Able Administration Believe Benefits Crisis Defined Full Itself Least Pay Recently Reported Security Social Social Security System Today Until

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James T. Walsh
American - Politician
Born: June 19, 1947

Millions of Americans have paid into social security and deserve their full benefits. Pure and simple, Republicans are manufacturing a social security crisis that does not exist in order to dismantle social security.

Diane Watson

Young people understand that there is not a Social Security trust fund. Social Security is a pay-as-you-go system, where today's millennials are paying for today's seniors.

Margaret Hoover

As I think all Americans understand on both sides of the aisle, the Social Security system as it is structured today is a pay-as-you-go system.

John Shadegg

I do not believe that the Social Security system is in crisis.

Jim Walsh

Under the current pay-as-you-go Social Security system, not one person is actually guaranteed benefits.

Ginny Brown-Waite

[Social Security ] is not in crisis at this stage. Leave Social Security alone. We have a lot of other places we can look that is in crisis. But Social Security is not.

Harry Reid

The various Social Security privatization schemes, full and partial, would cost both the 'social' - that is the public, cooperative, societal - element of the program and 'security' - the rock-solid income guarantee afforded by the system. It should be rejected.

Ralph Nader

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

Ron Lewis

With more than half of the American workforce without private pension coverage, Social Security provides economic certainty within a system that is fair, equitable, and easy to understand. You work hard, pay into the system, and the federal government makes a promise to pay back your earned benefits when you retire. It's that simple.

Mike Quigley

And let us not forget the Social Security system. Recent studies show that undocumented workers sustain the Social Security system with a subsidy as much as $7 billion a year. Let me repeat that: $7 billion a year.

Luis Gutierrez

Even without reforms, the Social Security fund will be able to meet 100 percent of its obligations until 2042.

Grace Napolitano

We ought to look at Social Security. We ought to ask ourselves the question, is there inherently something wrong with Social Security that a man like me is eligible for Social Security? There's something wrong with the system.

Kenneth Langone

If a country like Chile can fix its social security system, there is no reason a country as great as the United States... can't fix our Social Security system.

Bill Flores

On the other end of the spectrum, these women who do live long enough to collect Social Security face the challenge of being disproportionately dependent on the Social Security system for retirement income.

Ginny Brown-Waite

Congress has changed the Social Security system over time, and over 20 times in the past Congress has raised taxes on Social Security in payroll taxes into the system.

Chris Chocola

I will not cut benefits. I want to enhance benefits for low-income workers and for women who have been disadvantaged by the current Social Security system.

Hillary Clinton

A Quote by James T. Walsh

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