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Jul 20, 2010
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social security. we will hold this sacred trust for generations yet to come. i yield back the balance of my time. the speaker pro tempore: for what purpose does the gentleman from alabama rise? >> to address the house for one minute and to revise and extend my remarks. the speaker pro tempore: the gentleman is recognized. >> thank you, mr. speaker. i want to talk to you about jobs. i come into this chamber often to hear my democratic colleagues to hear how bad things were under the past administration, how much better we are under this president. well, i tell you one thing president bush gave us that this president can't give us and that's jobs. in 2003 we passed the second largest tax cuts in american history and we had 55 consecutive months of job growth in this country, the longest period of job growth in american history. mr. rogers: this president came into office and said if you give me nearly $1 trillion in a stimulus bill i'll make sure unemployment doesn't go over 8%. well, we're at 10% and h
social security. we will hold this sacred trust for generations yet to come. i yield back the balance of my time. the speaker pro tempore: for what purpose does the gentleman from alabama rise? >> to address the house for one minute and to revise and extend my remarks. the speaker pro tempore: the gentleman is recognized. >> thank you, mr. speaker. i want to talk to you about jobs. i come into this chamber often to hear my democratic colleagues to hear how bad things were under the...
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Jul 20, 2010
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seniors are in need of social security. keep our social security the way it is. the speaker pro tempore: the gentlelady's time has expired. for what purpose does the gentleman from florida rise? without objection. >> thank you, mr. speaker. mr. diaz-balart: mr. speaker, today is a physician's 49th birthday. he has dedicated his life to defending human rights and democracy in cuba, and for that he was sentenced to 25 years in prison. while this cr and thousands of political prisoners sit in jail, the castro regime is using them as a chip to gain acceptance into the european union. even more troubling is the evident collaboration between the cuban catholic church and the castro regime. the church is cooperating with the regime and only those families of political prisoners that the regime asking them to talk to. while dr. busette and others don't even get a call. mr. speaker, we must not -- must continue to stand tall torques stand with the cuban people and demand the release of every single political prisoner in cuban -- in the cuban gulags. until every single one
seniors are in need of social security. keep our social security the way it is. the speaker pro tempore: the gentlelady's time has expired. for what purpose does the gentleman from florida rise? without objection. >> thank you, mr. speaker. mr. diaz-balart: mr. speaker, today is a physician's 49th birthday. he has dedicated his life to defending human rights and democracy in cuba, and for that he was sentenced to 25 years in prison. while this cr and thousands of political prisoners sit...
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Jul 14, 2010
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a previous caller asked about how social security is used. the producer found on social security.gov -- it pays benefits for people who are already retired, disabled, survivors of workers who have died, and dependents of beneficiaries. the next call comes from -- on the republican line in michigan. caller: i just want to point out that common-sense wise, people are healthier these days. even if you are a healthy 70 year old, it cannot work for the 50 hours a week. you don't get paid for that. your company may pay you a bonus. but it is probably depended on what they think your work. you are really being paid for what you work. host: it helps that european countries from france, to britain, and greece are moving to raise their retirement age to address this series overspending problems. orlando, florida. independent line. dave, good morning. caller: good morning. host: we are listening. caller: i just want to point out that those of us who started working at age 13 back before they had child labor laws -- i have been a union ironworker out of l
a previous caller asked about how social security is used. the producer found on social security.gov -- it pays benefits for people who are already retired, disabled, survivors of workers who have died, and dependents of beneficiaries. the next call comes from -- on the republican line in michigan. caller: i just want to point out that common-sense wise, people are healthier these days. even if you are a healthy 70 year old, it cannot work for the 50 hours a week. you don't get paid for that....
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Jul 22, 2010
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and the president of the committee to preserve social security and medicare takes questions on the future of so security and medicare. this is "washington journal." [captioning performed by national captioning institute] [captions copyright national cable satellite corp. 2010] >> -- host: good morning, it is thursday, july 22. the house of representatives is expected to vote on the extension of unemployment benefits to day after senate action on it yesterday. two republicans across the aisle to vote with democrats -- olympia snowe and susan collins. fed chief bender 90 heads back up to capitol hill today. -- fed chief ben bernanke heads back to the hill yesterday. his remarks to the senate yesterday as strong reaction from the market. >> even as the federal reserve continues prudent planning, the ultimate withdrawal of extraordinary monetary policy accommodation, the outlook remains unusually uncertain. we will continue to carefully assess on going developments and we remain prepared to take further policy actions as needed to foster a return to full utilization of our nation's productive
and the president of the committee to preserve social security and medicare takes questions on the future of so security and medicare. this is "washington journal." [captioning performed by national captioning institute] [captions copyright national cable satellite corp. 2010] >> -- host: good morning, it is thursday, july 22. the house of representatives is expected to vote on the extension of unemployment benefits to day after senate action on it yesterday. two republicans...
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Jul 29, 2010
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to go to college campuses and to pass out suckers to people when we're going to make sure that social security is a significant part of retirement security for generations to come. that is a position, 77% americans agree that it is critical we preserve social security for future generations even if it means increasing contributions to national security. that's a poll from the social insurance, so i don't get that, and i just wanted to push back on that. >> i abbreviated my comments. i will add one minute. i said to them after i passed out the lollipops that let me be clear, i think you're going to get full, dollar for dollar every dollar youare eligible for with in social security. the government is going to take away from you in much different ways. they're going to tax more of your benefits which they have done already. they are going to change things such as the retirement age, which they have done already. my parents could we fire at full benefits at 65. i could only do so at 66. my children will do it at 67 or something like that. they are going to change the cola provisions. they're goin
to go to college campuses and to pass out suckers to people when we're going to make sure that social security is a significant part of retirement security for generations to come. that is a position, 77% americans agree that it is critical we preserve social security for future generations even if it means increasing contributions to national security. that's a poll from the social insurance, so i don't get that, and i just wanted to push back on that. >> i abbreviated my comments. i...
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Jul 30, 2010
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, we support social security. disappointed that the democratic agenda is going to be that we heard about today to scare seniors about their future. i yield back my time. the speaker pro tempore: for what purpose does the gentlewoman from new hampshire seek recognition? ms. shea-porter: to address the house for one minute. the speaker pro tempore: without objection. ms. shea-porter: some say social security won't be there for them. we should scrap it now, privatize social security. they are wrong. social security is critical for those who depend on it. it's essential for the families of loved ones who needs disability insurance. it's essential for our senior citizens who paid their whole life into a system so they would have a safety net when they need it most. however, social security is not just a retirement benefit. it's also an insurance program. if a spouse or parent of a child dies, social security is there for his or her widow, widower or child. this is not a retirement system for seniors. it's an insurance
, we support social security. disappointed that the democratic agenda is going to be that we heard about today to scare seniors about their future. i yield back my time. the speaker pro tempore: for what purpose does the gentlewoman from new hampshire seek recognition? ms. shea-porter: to address the house for one minute. the speaker pro tempore: without objection. ms. shea-porter: some say social security won't be there for them. we should scrap it now, privatize social security. they are...
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Jul 15, 2010
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this is where the social security trust fund is, in securities and treasury bonds.ert, no one stole the money. but what happened is, congress and the government used the money for other purposes. george bush took office saying, what these surpluses, i can give tax cuts to the wealthy and not do any damage to social security. guess what? he ended up using the money to pay for things like his tax cut and for iraq and afghanistan, because we never paid for the wars the directly. -- wars directly. but it does have $2.60 trillion in these treasury bonds, which are good money. this is what china gets. this is what the banks get when they seek to make investments with the federal government. it is solid. don't let anyone tell you it is not. some people will say social security is part of the federal government, so why should so security pay the federal government -- or why should the federal government pay social security? they are part of the same government. don't worry. the federal government has to, because it bar of the money from one arm of the federal government. he
this is where the social security trust fund is, in securities and treasury bonds.ert, no one stole the money. but what happened is, congress and the government used the money for other purposes. george bush took office saying, what these surpluses, i can give tax cuts to the wealthy and not do any damage to social security. guess what? he ended up using the money to pay for things like his tax cut and for iraq and afghanistan, because we never paid for the wars the directly. -- wars directly....
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Jul 15, 2010
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, and thus, not entitled to social security retirement benefits. over the years, the so-called retirement earnings test has been modified to allow many people to work and collect retirement benefits at the same time. the exact amount depends on each worker's age and income. where roughly did this. we did this because -- because we should not have disincentives to productivity included in our security system, and we should not have any aspect of discrimination against older people be a part of the program. these modifications that i just mentioned represent a trade-off between competing objectives, competing -- limiting retirement and allowing those who are retired to supplement their income. much of today's testimony focuses on encouraging those who are old enough to collect social security to pursue a set a career on a voluntary basis. the historical data shows a significant decline in labor force participation, particularly among men, of every age. as the testimony will show, between 1915 and 2010, the labor force participation rate between young
, and thus, not entitled to social security retirement benefits. over the years, the so-called retirement earnings test has been modified to allow many people to work and collect retirement benefits at the same time. the exact amount depends on each worker's age and income. where roughly did this. we did this because -- because we should not have disincentives to productivity included in our security system, and we should not have any aspect of discrimination against older people be a part of...
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Jul 14, 2010
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social security tax money must go into the social security trust fund. but there's a reason that they have not wanted that to go from the general revenue into the social security trust fund to shore up social security, and that's because there's so many other pet projects and pet ideas that this money goes to fund. my friends across the aisle were talking repeatedly about how important infrastructure was. isn't that ironic. because after president obama was sworn in, became president, the democratic party had such big majorities, majority here in the house, and had a veto-proof -- or a supermajority down in the senate, at the time, they didn't do anything about social security being shored up. they didn't do anything about infrastructure, not in the way it was talked. we had so many beautiful, eloquent speeches from friends across the aisle on how this spendulous bill was going to pay for all this wonderful infrastructure. america was led to believe that the whole $787 billion was going end up being for infrastructure and really be good for america. ther
social security tax money must go into the social security trust fund. but there's a reason that they have not wanted that to go from the general revenue into the social security trust fund to shore up social security, and that's because there's so many other pet projects and pet ideas that this money goes to fund. my friends across the aisle were talking repeatedly about how important infrastructure was. isn't that ironic. because after president obama was sworn in, became president, the...
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Jul 21, 2010
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social security trust fund. i thought it had until i got here. come to find out, this has been going on from the beginning. i thought it was a more recent development, maybe since the great society. not true. since the 1930's, never a dime of social security tax money going into the trust fund. how about that for a start. that's what i have been advocating, i have been advocating for 5.5 years, put social security money into the trust fund. we have people on our side of the aisle, a tiny minority that say if you were to do that, it would make the government own too much in the way of bonds but some of them also voted for the wall street bailout but they got beyond that concern in the three intervening years since they opposed my proposal. but there isn't a lot of people in the majority who appear to put social security tax dollars in the social security trust fund so we can ensure that it will be there for years to come and it will draw interest. and we could do so much better by the seniors who are the greatest
social security trust fund. i thought it had until i got here. come to find out, this has been going on from the beginning. i thought it was a more recent development, maybe since the great society. not true. since the 1930's, never a dime of social security tax money going into the trust fund. how about that for a start. that's what i have been advocating, i have been advocating for 5.5 years, put social security money into the trust fund. we have people on our side of the aisle, a tiny...
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well it's a joke because they call social security entitlement but. people paid into it it's you my money in other words if i go to the bank and i say i'd like to take the thousand dollars out that i deposited last week and they say well you know in title to your own title mitt and like what other someone title meant that's my money social security is owned by the people but the money into a solvent entitlement that's a euphemism for oh we're abdicating our role a solution every stewards of the economy and instead of just going to give everybody on wall street a huge bonus levels to go pound sand remember it was the previous fed chairman alan greenspan who convince congress to. raise the tax on workers so that towards their social security and that increase the pool it created a savings pool for the baby boom generation that everybody foresaw that this was going to be a big strain on the social security system and two and a half trillion dollars instead of saving it as they were supposed to they use that to fund their wars and the tax cuts for the ric
well it's a joke because they call social security entitlement but. people paid into it it's you my money in other words if i go to the bank and i say i'd like to take the thousand dollars out that i deposited last week and they say well you know in title to your own title mitt and like what other someone title meant that's my money social security is owned by the people but the money into a solvent entitlement that's a euphemism for oh we're abdicating our role a solution every stewards of the...
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towards their social security and that increased the pool it created a savings pool for the baby boom generation that everybody foresaw that this was going to be a big strain on the social security system and two and a half trillion dollars instead of saving it as they were supposed to they use that to fund their wars and the tax cuts for the rich that's just right before reagan made him the fed chairman he was working some for cock the wonky policy group and think tank in washington and they said raised the workers and we'll use the phone retirement but reagan when he got office you simply stole the money so you see that these eighteen to thirty four year olds are expected collapse and they're doing nothing about it they're just like taking it passively because this is the federal government you can't do anything because they'll just kill you here's on a local level what you see california officials eight hundred thousand dollars salary in city of thirty eight thousand triggers protests so this is hundreds of residents of bell california town of just thirty eight thousand people it's
towards their social security and that increased the pool it created a savings pool for the baby boom generation that everybody foresaw that this was going to be a big strain on the social security system and two and a half trillion dollars instead of saving it as they were supposed to they use that to fund their wars and the tax cuts for the rich that's just right before reagan made him the fed chairman he was working some for cock the wonky policy group and think tank in washington and they...
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Jul 31, 2010
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, but children, who grow up to pay social security taxes. problem is, we baby boomers didn't deposit enough kids into the system. at the simplest level, letting in more skilled immigrants would mean more taxpayers and may be a great way to increase job growth overall. foreign-born americans accounted for 25% of technology and engineering startups between 1995 and 2005. in silicon valley alone, immigrants founded more than half the tech companies. far from stealing jobs from native-born american workers, immigrants would help fill talent shortages in industries such as computer sciences, bio- engineering and medicine that americans just aren't entering in sufficient numbers. we know what we have to do to fix social security: we have to cut benefits and raise taxes. but we have to swallow less of that medicine if we once again extend the welcome we used to extend to the worlds best and brightest workers. i'm eric schurenberg. >> susie: finally tonight, people spend millions of dollars every year buying t-shirts and caps adorned with the name o
, but children, who grow up to pay social security taxes. problem is, we baby boomers didn't deposit enough kids into the system. at the simplest level, letting in more skilled immigrants would mean more taxpayers and may be a great way to increase job growth overall. foreign-born americans accounted for 25% of technology and engineering startups between 1995 and 2005. in silicon valley alone, immigrants founded more than half the tech companies. far from stealing jobs from native-born american...
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new usa today gallup poll three fourths of those eighteen to thirty four don't expect to get social security check when they retire so talk about black swans which are being i hedged all over the place and sold to these very people they're expecting collapse it's like a certainty it's not even a black so on is a white so well it's a joke because they call social security entitlement but. people paid into it it's you my money in other words if i go to the bank i say i'd like to take the thousand dollars out that i deposited last week and they say well you know in title to your own title and unlike what other someone title mitt that's my money social security is owned by the people but the money into a solvent entitlement that's a euphemism for oh we're abdicating our role is to do sherry stewards of the economy and instead of just going to give everybody a wall street a huge bonus and almost no pound sand it was the previous fed chairman alan greenspan who convince congress to raise the tax on workers so that towards their social security and that increased the pool it created a savings pool
new usa today gallup poll three fourths of those eighteen to thirty four don't expect to get social security check when they retire so talk about black swans which are being i hedged all over the place and sold to these very people they're expecting collapse it's like a certainty it's not even a black so on is a white so well it's a joke because they call social security entitlement but. people paid into it it's you my money in other words if i go to the bank i say i'd like to take the thousand...
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Jul 5, 2010
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cut social security. balance the budget on the backs of seniors. nail the rich, chief the poor, her doctors, health lawyers, there is such a great list. for me, i am portrayed as an ornery old grump. you want to be sure to scratch that one down. so, raising taxes, that one just since a surge to the group's. the latest one is that this is the cat food commission. i had never heard that. but from my army days in the infantry, when someone would make a statement as bizarre as that, we would confer upon them of the order of the green weenie with oak leaf clusters. i wanted to meet the person that called it the cat food commission. it would be a joy for me to do that. let's move on. you either pass or kill a bill with emotion, fear, guilt or racism. i cannot tell you how much i can appreciate just being here and listening. some of it is eye-popping. today, we are going to have quite a session and we will tell people not to just come to tell us why we are crazy and why we are wrong, but tell us what you would do to help us restore structural reform to a
cut social security. balance the budget on the backs of seniors. nail the rich, chief the poor, her doctors, health lawyers, there is such a great list. for me, i am portrayed as an ornery old grump. you want to be sure to scratch that one down. so, raising taxes, that one just since a surge to the group's. the latest one is that this is the cat food commission. i had never heard that. but from my army days in the infantry, when someone would make a statement as bizarre as that, we would confer...
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Jul 11, 2010
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today, if you just look at the mandatory spending which is principle medicare, medicaid, social security, it does consume 100% of the federal revenues. that does mean that every dollar we spend on homeland security, the military, defense, education, energy, infrastructure, transportation, all borrowed and half borrowed from foreign countries. that is a formula for disaster. over the next ten years, spending is forecast to grow by $2 trillion. 500 billion of that will come from social security, 500 billion from medicare, about 300 billion from medicaid of which you all participate, and about 650 to 750 billion from interest. by the year 2020, if we leave things on automatic pilot, we will be spending $1 trillion a year on interest. just think about that. all that money going summer else to create jobs and opportunity somewhere else. we can't grow our way out of this. we've had every economist you can imagine look at this and we could have decades of double digit growth and not grow our way out of this enormous debt problem. we can't tax our way out. that doesn't solve the aging problem of
today, if you just look at the mandatory spending which is principle medicare, medicaid, social security, it does consume 100% of the federal revenues. that does mean that every dollar we spend on homeland security, the military, defense, education, energy, infrastructure, transportation, all borrowed and half borrowed from foreign countries. that is a formula for disaster. over the next ten years, spending is forecast to grow by $2 trillion. 500 billion of that will come from social security,...
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cutting social security. caller: well, i don't think any of those things are going to make too much of a dips. think i we're basically whole as people. but one of the problems is military problem. friend of mine told me one time that there was a friend of his that told him that was in the military that when they come back with these ships and everything that they dump all their ammunition before they come back here and they reload, and that's got to be billions of dollars wasted right there. that's just one concept of waste. taxpayers' money. host: so you would say military cuts need to be made before we start cutting social security or something like that? caller: what i think is i think that before somebody throws something in the ocean, i think they ought to save it. fit hasn't gone bad, if the war is going to keep going on, that they ought to save the ammunition. host: all right. ralph, tell you what, we're going to leave it there and go on to roger in dallas. what do you think? caller: yes. hello. i thin
cutting social security. caller: well, i don't think any of those things are going to make too much of a dips. think i we're basically whole as people. but one of the problems is military problem. friend of mine told me one time that there was a friend of his that told him that was in the military that when they come back with these ships and everything that they dump all their ammunition before they come back here and they reload, and that's got to be billions of dollars wasted right there....
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Jul 27, 2010
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to be social security for our seniors. [applause] and okay, we will talk about the solvency of social security over here. we will talk about balancing the budget and reducing the deficit over here. now, if i may, stop me. when social security was implemented, when was first, the idea first came and this is about you, frances perkins who was the secretary of labor at the time, she went to president roosevelt and she went on and on about her plan to establish social security. and of course, he knew about all this but she would find out when and how we were going to do this. he said francis, you have convinced me completely. now make me do it and th is the message i bring you. we all know that this needs to be done, whether we are talking about social security or whether we are talking about health care whater it is, we can only do so much in terms of persuasion and maneuvering and the rest internally. internal maneuvering, outside mobilization is essential to getting anything great don. so i thank you, i thank you arco. [app
to be social security for our seniors. [applause] and okay, we will talk about the solvency of social security over here. we will talk about balancing the budget and reducing the deficit over here. now, if i may, stop me. when social security was implemented, when was first, the idea first came and this is about you, frances perkins who was the secretary of labor at the time, she went to president roosevelt and she went on and on about her plan to establish social security. and of course, he...
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Jul 28, 2010
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as we acknowledge the 75th anniversary of social security and renew our commitment to social security's guaranteed minimum benefits for future seniors, we should also acknowledge and support this resolution and encourage more americans to save for their retirement. i yield back. i reserve the balance of my time. the speaker pro tempore: the gentlewoman reserves. the gentleman from texas is recognized. mr. johnson: madam speaker, i yield myself such time as i may consume. the speaker pro tempore: the gentleman from texas. mr. johnson: i want to thank my colleague from pennsylvania for working with me on this resolution. this resolution calls attention to the importance of saving for retirement by designating october 17 through october 23, 2010, as national save for retirement week. with fewer and fewer employees offering traditional pension plans and with social security intended to provide only basic income support, saving for retirement is more important than ever before. the good news, however, is that the tax code offers any number of savings incentives not only intended to encourage
as we acknowledge the 75th anniversary of social security and renew our commitment to social security's guaranteed minimum benefits for future seniors, we should also acknowledge and support this resolution and encourage more americans to save for their retirement. i yield back. i reserve the balance of my time. the speaker pro tempore: the gentlewoman reserves. the gentleman from texas is recognized. mr. johnson: madam speaker, i yield myself such time as i may consume. the speaker pro...
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Jul 1, 2010
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social security which they had paid into their entire working life is their crucial safety net and financial security. let's not gamble it away to appease republicans. wall street and big banks. just a few days ago the leader of the other side suggested slashing social security benefits and using those funds as savings to pay for the war in iraq and the war in afghanistan. enough is enough. democrats in congress are standing up for seniors and fighting to protect social security to create jobs here at home and to support small business as the engine of job growth. mr. speaker i will continue to fight for seniors because they are deserving of the respect that they have earned. the speaker pro tempore: for what purpose does the gentleman from california seek recognition? >> to address the house for one minute. revise and extend my remarks. the speaker pro tempore: without objection, the the gentleman california is recognized. mr. dreier: while the president chose yesterday to engage in a strident harsh attack on us, i'm going to respond by complimenting him. at the g-20 meeting i was very grat
social security which they had paid into their entire working life is their crucial safety net and financial security. let's not gamble it away to appease republicans. wall street and big banks. just a few days ago the leader of the other side suggested slashing social security benefits and using those funds as savings to pay for the war in iraq and the war in afghanistan. enough is enough. democrats in congress are standing up for seniors and fighting to protect social security to create jobs...
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Jul 3, 2010
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the military, social security, medicare, medicaid, and net interest. people can cry all the what about foreign aid, welfare, the department of education, epa, or whatever. you can eliminate all those things and would not make a dent in the deficit. these five items are the big money items. by the end of the decade, they're expected to be upwards of 80% of federal spending. they're lower than 70% right now because of the stimulus package. if you want to make a dent in federal spending, you have to go after these five things. when you think about what you can do, your options are limited quickly. net interest, we can default. that would cut net interest payments. the whole exercise is to avoid doing that. medicare and medicaid, we just enacted the enormous reform. it will take time to implement it. i do not feel like there is any appetite on the hill for going back after health care reform now. warren comment about that. my sense is that we're done with health care reform for the next couple of years at least. social security, all the plans grandfather i
the military, social security, medicare, medicaid, and net interest. people can cry all the what about foreign aid, welfare, the department of education, epa, or whatever. you can eliminate all those things and would not make a dent in the deficit. these five items are the big money items. by the end of the decade, they're expected to be upwards of 80% of federal spending. they're lower than 70% right now because of the stimulus package. if you want to make a dent in federal spending, you have...
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take away privileges enjoyed by american women things like the dependent wife benefits under social security and exemption from selective service registration again on the wrong side of history fellas so as you can imagine democrats have jumped on the remark calling for all g.o.p. members indorsed by her to denounce her and you know if the g.o.p. won't i will here's a news flash fellas i don't need a man to take care of me and your remarks are just insulting to women everywhere so phyllis schlafly is tonight's tool time winner. now last night the house
take away privileges enjoyed by american women things like the dependent wife benefits under social security and exemption from selective service registration again on the wrong side of history fellas so as you can imagine democrats have jumped on the remark calling for all g.o.p. members indorsed by her to denounce her and you know if the g.o.p. won't i will here's a news flash fellas i don't need a man to take care of me and your remarks are just insulting to women everywhere so phyllis...
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Jul 28, 2010
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and if you remember, president bush set out to fix social security.nd he spent a long time going around the country saying that we had to fix social security to save it for americans. and the democrats didn't put one proposal on the table. i was there. itself on way to the ways committee the first time when we had the meeting on social security, and they didn't put one proposal on the table, so they were never serious about fixing these entitlement programs. they only wanted to demagogue. they figured by using the war and politicizing it that they would win back control of the house and the senate. and republicans weren't perfect. but they have super majority. and now they've taken, in four years, they've tripled the debt, our deficit, doubled the debt in four years of control by the democrats. so, you know, like i said, this is -- we're long past playing the pointing fingers at people. but to put together a commission with people who are not even elected is really a poor, poor showing on a democratic controlled house and senate where, for the first t
and if you remember, president bush set out to fix social security.nd he spent a long time going around the country saying that we had to fix social security to save it for americans. and the democrats didn't put one proposal on the table. i was there. itself on way to the ways committee the first time when we had the meeting on social security, and they didn't put one proposal on the table, so they were never serious about fixing these entitlement programs. they only wanted to demagogue. they...
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Jul 27, 2010
07/10
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instead, nobody lost a penny of social security. in the area that i represent many people are hurting, families and seniors are facing unsrnt and anxiety -- uncertainty and anxiety ranging from their mortgage payments, credit card bills and more. let us not return to the failed ideas of the past. we must keep america moving forward. there is a very clear choice here. we can hand the social security system over to wall street and continue raising anxiety or strengthen the current system. i stand with our nation's seniors to strengthen social security for the years to come. thank you, madam speaker, and i yield back. the speaker pro tempore: the gentleman yields back. for what purpose does the gentleman from texas rise? mr. poe: i ask permission to address the house for one minute. the speaker pro tempore: without objection. mr. poe: madam speaker, i heard from a texan yesterday who was mad about why taxpayers are shelling out another $500 million for pakistan. americans are already giving pakistan $1 billion a year. and secretary of
instead, nobody lost a penny of social security. in the area that i represent many people are hurting, families and seniors are facing unsrnt and anxiety -- uncertainty and anxiety ranging from their mortgage payments, credit card bills and more. let us not return to the failed ideas of the past. we must keep america moving forward. there is a very clear choice here. we can hand the social security system over to wall street and continue raising anxiety or strengthen the current system. i stand...
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Jul 29, 2010
07/10
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eye 296
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whether they be those social security recipients who depend enrely on social security. whether they be those people who need health care that are critically important. ether they be-- i have criticized tax expenditures which i enjoy, but i understand there are tax expenditures that accomplish a good public purpose goal and that we contain them. but what we need to do and i'm glad you cited that and i a entirely enthusiastic and in support of it is take these first steps to try and get some overall control and rationality particularly to these big drivers. >> thank you are come mr. chairman, i will circulate this or buddy can see it but again if we are seeking consensus here we have to have a very good document from people from the parties joined together to come up with some breaks and triggers and some actual caps and that would focus us to target our assistance where it is needed most and so thanks. >> kent conrad. >> dairy, but like to and my eye would be interested in your comment as well. we talk about triggers, poteial sequesters as enforcement mechanisms. i perso
whether they be those social security recipients who depend enrely on social security. whether they be those people who need health care that are critically important. ether they be-- i have criticized tax expenditures which i enjoy, but i understand there are tax expenditures that accomplish a good public purpose goal and that we contain them. but what we need to do and i'm glad you cited that and i a entirely enthusiastic and in support of it is take these first steps to try and get some...
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Jul 1, 2010
07/10
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social security. now social security is an insurance policy. you and i pay into social security, as members of congress a certain percentage, of our pay-gos for social security and so it is with every other person in america who is working legally. they are paying into social security. the republican leader has said what he wants to do is increase the rir re-tirmente age to 70. from 65 to 70. and use the savings to finance the iraq and afghanistan wars. i'm going to -- excuse -- i'm going, excuse me, wait a minute, that's my insurance policy, that's my mother's insurance policy, that's the insurance policy of the working men and women out there and you want to take it away to finance the afghan war? i don't think so. but that's one more sign a sign post, we're following a path here. a sign post of where the republicans stand. big business, ending social security, and in fact, their budget put out by the republican study committee, their budget called for the end of medicare, privatization of medicare, medicaid, and social security. that's their
social security. now social security is an insurance policy. you and i pay into social security, as members of congress a certain percentage, of our pay-gos for social security and so it is with every other person in america who is working legally. they are paying into social security. the republican leader has said what he wants to do is increase the rir re-tirmente age to 70. from 65 to 70. and use the savings to finance the iraq and afghanistan wars. i'm going to -- excuse -- i'm going,...
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Jul 17, 2010
07/10
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KRCB
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if social security isn't enough.m if my heart gets broken. if she says yes. we believe if should never hold you back. if should be managed with a plan that builds on what you already have. together we can create a personal safety net, a launching pad, for all those brilliant ifs in the middle of life. you can call on our expertise and get guarantees for the if in life. after all, we're metlife. guarantees for the in life. >>> issue one, crackdown. >> i'm about to sign wall street reform into law. to protect consumers and lay the foundation for a 'stronger and safer financial system. one that is innovative, creative, and far less prone to panic and collapse. >> the u.s. senate this week approved a sweeping overhaul of the u.s. financial sector. the act introduces a raft of restrictions on banks to curb risk. it seals a mammoth legislative victory for president barack obama. chris dodd, democratic chairman of the senate banking committee praises the land mark reform. >> this is a major undertaking. one that is historic in its proportions that is an attempt to s
if social security isn't enough.m if my heart gets broken. if she says yes. we believe if should never hold you back. if should be managed with a plan that builds on what you already have. together we can create a personal safety net, a launching pad, for all those brilliant ifs in the middle of life. you can call on our expertise and get guarantees for the if in life. after all, we're metlife. guarantees for the in life. >>> issue one, crackdown. >> i'm about to sign wall street...
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Jul 22, 2010
07/10
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we call it social security. it has worked well, and i cannot imagine what we would be as a nation without it. the cash flows of the fund will see a deficit in just a few years because of the aging of the baby boom generation. we will fix this problem and hopefully our republican colleagues will work with us for a bipartisan solution. in december i'm confident that the president's fiscal commission will present well-conceived ideas. we must use their recommendations to develop a bipartisan solution to protect social security. when those recommendations are presented, bipartisanship must prevail. partisanship must take a hike. i'm committed to doing my part, look forward to the commission's report. i yield back. . the speaker pro tempore: for what purpose does the gentleman from florida rise? >> unanimous consent to address the house for one minute. the speaker pro tempore: without objection, the gentleman is recognized. mr. stearns: when congress passes a 2,000-page bill it's not surprising to find objectionable
we call it social security. it has worked well, and i cannot imagine what we would be as a nation without it. the cash flows of the fund will see a deficit in just a few years because of the aging of the baby boom generation. we will fix this problem and hopefully our republican colleagues will work with us for a bipartisan solution. in december i'm confident that the president's fiscal commission will present well-conceived ideas. we must use their recommendations to develop a bipartisan...
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Jul 13, 2010
07/10
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today, if you just look at the mandatory spending which is principle medicare, medicaid, social security, it does consume 100% of the federal revenues. that does mean that every dollar we spend on homeland security, the military, defense, education, energy, infrastructure, transportation, all borrowed and half borrowed from foreign countries. that is a formula for disaster. over the next ten years, spending is forecast to grow by $2 trillion. 500 billion of that will come from social security, 500 billion from medicare, about 300 billion from medicaid of which you all participate, and about 650 to 750 billion from interest. by the year 2020, if we leave things on automatic pilot, we will be spending $1 trillion a year on interest. just think about that. all that money going summer else to create jobs and opportunity somewhere else. we can't grow our way out of this. we've had every economist you can imagine look at this and we could have decades of double digit growth and not grow our way out of this enormous debt problem. we can't tax our way out. that doesn't solve the aging problem of
today, if you just look at the mandatory spending which is principle medicare, medicaid, social security, it does consume 100% of the federal revenues. that does mean that every dollar we spend on homeland security, the military, defense, education, energy, infrastructure, transportation, all borrowed and half borrowed from foreign countries. that is a formula for disaster. over the next ten years, spending is forecast to grow by $2 trillion. 500 billion of that will come from social security,...
SFGTV2: San Francisco Government Television
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Jul 29, 2010
07/10
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on the left, who painted the murals in the social security building with her husband and steph an kennedy. it's been a privilege to meet these people. just recently, i found this statue of roosevelt. is over looks oslow harbor. they revere roosevelt, because of what they learned from the new deal about how to build a civil society. they didn't get rid of it, they expanded it. just like other scandinavian countries are consistently rated as the happiest in the world. the new deal continues to live on there. thank you. [applause]. . this is latino heritage month in san francisco. we want to celebrate people that speak spanish, people that speak english, people that speak english with accent's. i want to ask you for a round of applause. [applause] we are going to perform a few songs, so let me tell you about them. they are national fellows in a movement that supports music has issued a chief for public good -- music as a method for public good. we want people to grow up and to be ready for the 21st century. give and applause for a fethe g. [applause] >> good afternoon. [inaudible] [inaudible
on the left, who painted the murals in the social security building with her husband and steph an kennedy. it's been a privilege to meet these people. just recently, i found this statue of roosevelt. is over looks oslow harbor. they revere roosevelt, because of what they learned from the new deal about how to build a civil society. they didn't get rid of it, they expanded it. just like other scandinavian countries are consistently rated as the happiest in the world. the new deal continues to...
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Jul 9, 2010
07/10
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social security should be privatized and i'm calling on a democratic line but we don't need socialisme 21st century. host: so you would say no to cutting social security? caller: no. the only thing we need to do is cut down spending. host: whereould you cut it, then? caller: beeen all the departments. defense. host: all right. thank you for calling in. michael, republican line here from washington, d caller: the imf has gotten out recommendations for big bankers. they have a lot of big corporations and financial institutions. i think they have a lot of tightening the belts of portfolios as well. lifestyle for the common people, i do not know the study was for the population in general or if they're talking about people from the high, middle, and low classes. host: some recommendations include gasoline tax, cutting social security benefits, and getting rid of mortgage interest deductions on your taxes. those are some of the specific lifestyle changes that the imf is advocating for the u.s. caller: as are very detrimental changes, especially the suggestion of cutting social security. a
social security should be privatized and i'm calling on a democratic line but we don't need socialisme 21st century. host: so you would say no to cutting social security? caller: no. the only thing we need to do is cut down spending. host: whereould you cut it, then? caller: beeen all the departments. defense. host: all right. thank you for calling in. michael, republican line here from washington, d caller: the imf has gotten out recommendations for big bankers. they have a lot of big...
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Jul 29, 2010
07/10
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we have to pay for these 20 million illegals, social security. e government owes arizona billions of dollars for the school is being given to these illegals, health care, social services. we never see a dime. even napolitano, who i could not stand as our governor, she kept giving obama bills. we never got a dime. i'm glad that arizona people can go to someone now, tea party, and we need states' rights. we need help in our state. it,t: it is ironic, isn't that the federal government, every appropriately, demand that british petroleum pay every dime of cost for this disaster in the gulf of mexico. and i say it is appropriate that they do. but i would bet that the federal government would not pay one dime to the state of arizona for helping them enforce the federal law. only because the federal government is not doing their job. that is what governor brewer said over and over again. that is why 67% of the american people are in favor of what gen borrower -- what jan brewer and the law that is to go into effect today, in fact. we will just have to wai
we have to pay for these 20 million illegals, social security. e government owes arizona billions of dollars for the school is being given to these illegals, health care, social services. we never see a dime. even napolitano, who i could not stand as our governor, she kept giving obama bills. we never got a dime. i'm glad that arizona people can go to someone now, tea party, and we need states' rights. we need help in our state. it,t: it is ironic, isn't that the federal government, every...
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Jul 11, 2010
07/10
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today, if you just look at the mandatory spending which is principle medicare, medicaid, social security, it does consume 100% of the federal revenues. that does mean that every dollar we spend on homeland security, the military, defense, education, energy, infrastructure, transportation, all borrowed and half borrowed from foreign countries. that is a formula for disaster. over the next ten years, spending is forecast to grow by $2 trillion. 500 billion of that will come from social security, 500 billion from medicare, about 300 billion from medicaid of which you all participate, and about 650 to 750 billion from interest. by the year 2020, if we leave things on automatic pilot, we will be spending $1 trillion a year on interest. just think about that. all that money going summer else to create jobs and opportunity somewhere else. we can't grow our way out of this. we've had every economist you can imagine look at this and we could have decades of double digit growth and not grow our way out of this enormous debt problem. we can't tax our way out. that doesn't solve the aging problem of
today, if you just look at the mandatory spending which is principle medicare, medicaid, social security, it does consume 100% of the federal revenues. that does mean that every dollar we spend on homeland security, the military, defense, education, energy, infrastructure, transportation, all borrowed and half borrowed from foreign countries. that is a formula for disaster. over the next ten years, spending is forecast to grow by $2 trillion. 500 billion of that will come from social security,...
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Jul 11, 2010
07/10
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but that's the whole problem we have with something like social security. talk about something that's a third rail. you know, we promised more than we can deliver. the same thing with health care. you know, we did a great job of accessing of taking up access this last time, but boy we didn't do very much on the cost side. i can tell you that. and you can see by the forecast i gave you what a significant issue that is. but on health care, i mean, on social security, we're going to run through this, quote, trust fund by 2039 and the trust fund will be gone, all the interest on the trust fund will be gone, and by law the payments to social security recipients have to drop that day by 20% in order for the revenues to match the outlays. and pretty soon they'll have to drop by 24%. so what you're going to get from social security is going to go down if we do nothing. so what we have to do is figure out a way that we can fix it, which we believe we can, so that those payments drop in a much more gradual manner, or that we get additional revenues to maintain that l
but that's the whole problem we have with something like social security. talk about something that's a third rail. you know, we promised more than we can deliver. the same thing with health care. you know, we did a great job of accessing of taking up access this last time, but boy we didn't do very much on the cost side. i can tell you that. and you can see by the forecast i gave you what a significant issue that is. but on health care, i mean, on social security, we're going to run through...
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Jul 26, 2010
07/10
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at the age of 65 you qualify for social security and disability. joerres our security right now and you can just transfer that over. -- you are on a social security right now when you can do is transfer them over. host: those who have a walker or a listening device are not actually panel got -- penalized for the. they are covered under the ada. guest: that is right. we passed in the bill that you should not take into account if a person uses medicine or a device to be able to function in everyday life. we use as an example, a diabetic who takes insulin. the diabetic may need special accommodations in terms of taking time to take their insulin shots, measure their blood sugar level, things like that. but the supreme court in a case said no, you do not have to have those, accommodations. that is why we -- that is why we took care of the accommodations act in 2008. effuse eyeglasses, for example, to enable you to do your job, -- if you use eyeglasses, for example, to enable you to do your job, you are still covered. in 2008, again, a bipartisan measure
at the age of 65 you qualify for social security and disability. joerres our security right now and you can just transfer that over. -- you are on a social security right now when you can do is transfer them over. host: those who have a walker or a listening device are not actually panel got -- penalized for the. they are covered under the ada. guest: that is right. we passed in the bill that you should not take into account if a person uses medicine or a device to be able to function in...
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Jul 3, 2010
07/10
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further more, you were talking about social security. i think there has to be some stort -- sort of a law that has a mim time period. in orange county i see a lot of ads that run about bringing new people into the social security system. there is no minimum time period people have to pay in, like say 10 years, of minute consistent work before they take from the system. i was amazed people could get right in the system and draw from it. it is wrong. host: any thoughts? guest: i actually look at immigration and social security in a different way. that is when you have an aging population, the first of the baby boomers hitting 65 next year, you need younger workers in the system in order to pay into the system. you mention those that may be older and drawing quickly. in fact, the average immigrant tends to be younger. we will need younger workers to pay for older retirees. this is affecting many countries. japan has an aging population and doesn't allow much immigration and they have had an issue about what they are going to do to have a la
further more, you were talking about social security. i think there has to be some stort -- sort of a law that has a mim time period. in orange county i see a lot of ads that run about bringing new people into the social security system. there is no minimum time period people have to pay in, like say 10 years, of minute consistent work before they take from the system. i was amazed people could get right in the system and draw from it. it is wrong. host: any thoughts? guest: i actually look at...
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Jul 15, 2010
07/10
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CNN
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the government has not shown themselves to be responsible. >> larry: wouldn't you say social securitypopular in america? >> wildly popular. it's wildly, wildly popular. george bush discovered it too. it's wildly popular. medicare is wildly popular. i don't think people should be playing games with it. >> larry: we'll take a break. >> larry: our man anderson cooper, the host of "a.c. 360" from haiti back to the gulf. anderson, are we making progress there now? >> you know, it's hard to tell. there is the breaking news tonight we're following. testing preps continue on the latest attempt to shut the leaking well. it could be a major development. we're going to know more throughout this evening. more tomorrow. maybe even 48 hours from now. the mechanics are tricky. so is getting a straight answer from bp. also getting aid into haiti. we've been telling you about the customs problems at haiti's ports. ngos, charities, say aid arrives in haiti and get held up in customs. we're going to take a look at who's responsible for that and can that policy be changed? we're keeping them honest, on b
the government has not shown themselves to be responsible. >> larry: wouldn't you say social securitypopular in america? >> wildly popular. it's wildly, wildly popular. george bush discovered it too. it's wildly popular. medicare is wildly popular. i don't think people should be playing games with it. >> larry: we'll take a break. >> larry: our man anderson cooper, the host of "a.c. 360" from haiti back to the gulf. anderson, are we making progress there now?...
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475
Jul 18, 2010
07/10
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KTVU
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eye 475
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certainly in social security they do. so the old people that juan speaks of would be exempted.uld continue as they are now. but the whole issue goes to this question: if are not buried under an avalanche of debt as a nation, sooner or later something serious will have to be done about all of these things. this is an area the president could have led and he chose to ignore the problem and ignores it to this day. a good question whether the republicans would profit in this campaign if they came up and did something. my hunch is that the country is ready in a way that it has never been in my time covering washington, because it's so alarmed about the debt and deficit, ready for someone with a serious program. i might turn out that the more serious it is, the tougher it, even indeed the more controversial it is the better is it for them politically. not sure it's true but i have a hunch it may well be this time. >> chris: not talking about what is right and wrong but what is politically smart. >> i was going to say as a matter of good government that's what we'd like to see. raw po
certainly in social security they do. so the old people that juan speaks of would be exempted.uld continue as they are now. but the whole issue goes to this question: if are not buried under an avalanche of debt as a nation, sooner or later something serious will have to be done about all of these things. this is an area the president could have led and he chose to ignore the problem and ignores it to this day. a good question whether the republicans would profit in this campaign if they came...
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Jul 4, 2010
07/10
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further more, you were talking about social security.be some stort -- sort of a law that has a mim time period. in orange county i see a lot of ads that run about bringing new people into the social security system. there is no minimum time period people have to pay in, like say 10 years, of minute consistent work before they take from the system. i was amazed people could get right in the system and draw from it. it is wrong. host: any thoughts? guest: i actually look at immigration and social security in a different way. that is when you have an aging population, the first of the baby boomers hitting 65 next year, you need younger workers in the system in order to pay into the system. you mention those that may be older and drawing quickly. in fact, the average immigrant tends to be younger. we will need younger workers to pay for older retirees. this is affecting many countries. japan has an aging population and doesn't allow much immigration and they have had an issue about what they are going to do to have a labor force to support t
further more, you were talking about social security.be some stort -- sort of a law that has a mim time period. in orange county i see a lot of ads that run about bringing new people into the social security system. there is no minimum time period people have to pay in, like say 10 years, of minute consistent work before they take from the system. i was amazed people could get right in the system and draw from it. it is wrong. host: any thoughts? guest: i actually look at immigration and social...