A Quote by Nick Clooney
In my opinion, the president is right to address future funding, even though Social Security will show a surplus through 2018 and will not run out of funds until 2042.
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Even without reforms, the Social Security fund will be able to meet 100 percent of its obligations until 2042.
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.
Social Security is something that we need to deal with, because people who are working today, who will retire in the future, people who are retired today, they have a right - and it's part of the compact that they can depend on their benefits. We should fix the long-term funding problem of Social Security because that's the right thing to do.
By requiring that any surplus in Social Security taxes be returned to the American people in personal savings accounts, the plan ensures that Social Security taxes will be used for Social Security.
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.
I'm sure that was the right step, even though, formally speaking, it may seem disadvantageous for a president to resign. But, looking into what is happening today and what is going to happen in the future, I think history will show I made the right decision.
Just imagine in 20 years, when candidates will have grown up with social media their entire lives. We're going to have a president where we have - where someone could go through their timeline, or someone could go through their Snapchat, or someone will find - a future president will have sent a d### pic.
Even still, we run. We have not reached our average of 57.92 years without knowing that you run through it, and it hurts and you run through it some more, and if it hurts worse, you run through it even more, and when you finish, you will have broken through. In the end, when you are done, and stretching, and your heartbeat slows, and your sweat dries, if you've run through the hard part, you will remember no pain.
There's one big difference between me and the others - I won't take every last dime of the surplus and spend it on tax cuts that mostly benefit the wealthy. I'll use the bulk of the surplus to secure Social Security far into the future to keep our promise to the greatest generation.
And it's also producing a growth in debt to the United States that will weight very heavily in a country that has to address issues like having more old people to be covered by Social Security or by pension in the future.
The fine print in the President's Social Security proposal is that all present and future workers under age 55 will have their promised retirement benefits cut.
Will the future bring your wisdom to me?
Or will darkness rule the kingdom for all eternity?
You will live in my heart…
I will still remember even though we are apart.
I will feel you there for me
As I walk the road of life
You help me fight for what is right
I will honour thy name
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.
The president recognizes that funding global health is good for national security, domestic health and global diplomacy. Consequently, President Obama has steadily increased funding for the President's Emergency Plan for AIDS Relief, or PEPFAR, which was created by President Bush and has strong bipartisan support.
However, this President sees no problem eliminating funding for Perkins Loans in his budget, even though the cost of tuition is rising and will continue to rise as the administration's policies force inflation.
We have a serious structural deficit problem. And it needs to be addressed. The president is trying to address it through reforms of Social Security, but the problem is there with other entitlement programs like Medicare and Medicaid.
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