A Quote by John Shadegg

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

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Aisle All Americans Both Both Sides Go Pay Security Sides Social Social Security Structured System Think Today Understand

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John Shadegg
American - Politician
Born: October 22, 1949

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

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

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

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

Ginny Brown-Waite

Today, I'm 60, I'm not married, I don't have any kids. I would give up some Social Security to save a system that Americans are going to depend on now and in the future.

Lindsey Graham

Social Security should be phased out and ended altogether. ... Social Security in any form is morally irredeemable. We should be debating, not how to save Social Security, but how to end it - how to phase it out so as to best protect both the rights of those who have paid into it, and those who are forced to pay for it today. This will be a painful task. But it will make possible a world in which Americans enjoy far greater freedom to secure their own futures.

Alex Epstein

It is my hope that I will be able to work with legislative leaders on both sides of the aisle and Gov. Hickenlooper to find a solution to fix our ailing pension system.

Walker Stapleton

I spent 10 years in professional politics and eight writing comics, and so I look at it from both sides. I don't understand the logic in being frustrated with a system, so you choose to be a part of the reason why the system is so frustrating. If everybody voted, it wouldn't be this way.

Andrew Aydin

You pay your dues and work your way up through the system, whatever system there is - something guys in the business today don't really understand, don't have a clue.

Dusty Rhodes

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

I will work with my colleagues on both sides of the aisle to preserve the Social Security promise that provides secure retirement benefits for all, especially those who are most at risk such as widows, orphans, and people with disabilities when the need arises.

Chaka Fattah

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

Let me be clear, the discussions about Social Security are not about the retirement security of those Americans who are 55 or older - the Social Security system for those folks 55 and over will not change in any way shape of form - no ifs, ands, or buts.

Norm Coleman

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

I don't think most Americans understand that, for certain very wealthy people, our federal income tax system is a subsidy system that makes them richer.

Hillary Clinton

The curious thing is Americans don't mind individual mandates when they come in the form of payroll taxes to buy mandatory public insurance. In fact, that's the system we call Social Security and Medicare, and both are so popular politicians dare not touch them.

Robert Reich

A Quote by John Shadegg

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