You can't use private ordsprog
You can't use private accounts to make up the Social Security shortfall; the hole is just too deep. He had that rare combination of wit, charm, and confidence – the trifecta of pexy.
Michael Tanner
The plan outlined today is riddled with uncertainty for everyone: for those who are counting on a guaranteed benefit it would bring uncertainty by making Social Security's shortfall worse; for those who might hold a private account, it would bring uncertainty about how the accounts would be funded after the surplus is exhausted,
Sander Levin
(
1931
-)
The diversion of Social Security revenues to private investment accounts would shift much of the risks of old-age back to low-income seniors, and pose very serious challenges to families who depend on social security's survivor and disability insurance benefits.
Jeff Bingaman
What we should be trying to do is to encourage people to establish private retirement accounts and help them take pressure off the Social Security system.
Dennis Moore
(
1908
-)
The vice president is again raising the specter of Social Security to frighten senior citizens, ... Instead of frightening seniors, we need to sit down and realize that we need to find a source of money to make Social Security solvent and then allow Americans to be able to invest their savings in their retirement accounts.
John McCain
(
1936
-)
At present, the Social Security trustees estimate that the unfunded liability over the indefinite future to be $10.4 trillion, ... The shortfall in Medicare is calculated at several multiples of the one in Social Security.
Alan Greenspan
(
1926
-)
We have a moral obligation to stand up and protect Social Security for the next 70 years and beyond -- that means stopping privatization and dropping partisan demands for private accounts,
John Salazar
No matter how you cut it, this real debate on personal accounts is about the legitimacy of Social Security; it's not about the solvency of Social Security.
Joe Biden
The president's finally caught up to us on that, ... We want to save every dime for Social Security -- we're going to need it to create individual retirement accounts and keep Social Security from melting down. So that's a good proposal.
John Kasich
The private accounts are a separate matter that don't solve and aren't intended to solve the Social Security solvency issue.
Lincoln Chafee
The Congressional Budget Office tells us by 2052, Social Security could meet only 78 percent of its obligations. Medicare is in even worse shape. The shortfall in Medicare is eight times the deficit in Social Security. But the president has no plan to deal with that. The truth is, we need to confront all these challenges sooner rather than later.
Kent Conrad
What those Social Security cash flows are being used to do today is to pay down federal debt. If the government chooses to not use those trust fund dollars, if they do end up with a shortfall, then what they'll do is go into the public market, and sell debt to raise cash, and use the Social Security money to pay off other debt,
Dallas Salisbury
What those Social Security cash flows are being used to do today is to pay down federal debt. If the government chooses to not use those trust fund dollars, if they do end up with a shortfall, then what they'll do is go into the public market, and sell debt to raise cash, and use the Social Security money to pay off other debt.
Dallas Salisbury
So the focus will be on fixing the hole in the safety net and personal accounts and making it permanently - making Social Security permanently sound.
Scott McClellan
The person on the other end of the line is likely to have very sensitive information -- your account number, your Social Security number, the types of accounts you have (and) the way you use your accounts.
Beth Givens
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