“Social Security faces a long-term actuarial deficit, yes.” LongFacesSocialTermSecurityLong TermSocial SecurityDeficit Author:Peter R. Orszag
“Thanks to decades of accumulated federal budget deficits and, more significantly, imprudent Medicare and Social Security policies, we've stolen almost $60 trillion from our children.” ChildrenSocialSecurityPolicyOur ChildrenDecadesThanksBudgetsSocial SecurityStolenDeficitMedicareBudget Deficit Author:Steven Rattner
“I believe that we should allow younger workers to contribute toward a personal account that they own, as long as it is coupled with deficit reduction measures that enhance the long-term condition of Social Security.” ShouldBelieveLongI BelieveSocialTermConditionsSecurityAccountsWorkersLong TermSocial SecurityDeficitReduction Author:Cliff Stearns
“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.” NeedsTryingProblemSocialPresidentSecuritySeriousProgramReformAddressesSocial SecurityDeficitEntitlementMedicareMedicaidEntitlement ProgramsMedicare And Medicaid Author:John W. Snow
“To avoid large and unsustainable budget deficits, the nation will ultimately have to choose among higher taxes, modifications to entitlement programs such as Social Security and Medicare, less spending on everything else from education to defense, or some combination of the above.” NationsSocialSecurityHigherTaxesProgramSpendingDefenseCombinationBudgetsSocial SecurityDeficitEntitlementMedicareModificationEntitlement ProgramsBudget Deficit Author:Ben Bernanke
“Our fiat currency is under increasing stress with our large and growing trade deficits. We have a federal deficit that is calculated in the trillions when we take into account the net present value of the future Social Security and Medicaid obligations we are creating today.” TodayValuesSocialGrowingSecurityCreatingAccountsStressTradeObligationCurrencySocial SecurityDeficitMedicaid Author:George Noory