Malcolm Wallop Quotes

The debate over Social Security should not be about how much we can cut from the program in order to balance the federal budget. The debate over Social Security should not be about raising the retirement age or limiting benefits. The debate over Social Security should be about retirement security.

Specifically, I am concerned about the long-term condition of Social Security. I am committed to ensuring that current beneficiaries and those nearing retirement face no reduction in benefits, while preserving this vital program for future generations.

It's hard to exaggerate the importance of preserving the financial integrity of Social Security.

There is a lot of room for improvement in Social Security. We owe our children the most financially sound system possible. They will have paid into it their entire working lives. They deserve to be protected by it. for our children and grandchildren.

We must work together to save and strengthen Social Security not just for my father's generation but also for my daughters' generation.

We will keep the promise of Social Security by taking the responsible steps to strengthen it - not by turning it over to Wall Street.

I am staunchly committed to ensuring the long-term solvency of Social Security and preserving full benefits for Americans who have spent their entire working lives contributing to this program.

I never sought to privatize Social Security.

Privatizing Social Security doesn't make sense, and it's out of step with the fundamental value of ensuring that after a life spent working hard and contributing to the greatness of our nation, every American should have a secure retirement.

Our constituents paid into Social Security, and they want it paid back to them when they retire. Cutting Social Security benefits that Americans have earned should always be a last resort.

What should we do with this projected surplus? I have a simple four-word answer: Save Social Security first.

There is no prospect that today's younger workers will receive all the Social Security and Medicare benefits currently promised them.

The Republicans opposed Social Security in 1933 when President Roosevelt first put it in. They didn’t want it then and they do not want it now. I would not want anyone’s grandmother to be reading the Wall Street stock market pages to figure out how she might earn more than the staff of the Social Security Administration.

A lifetime single worker really gets a horrid deal from Social Security. The return on average is less than 0.5 percent. These workers would be nearly better off stuffing their payroll tax dollars under a mattress.

I've never said anything about privatizing Social Security.

Medicare and Social Security have created the healthiest and most financially secure generation of senior citizens in American history.

But there is a need to explore ways we can preserve the promise of Social Security for future generations.

I am emphatically against the privatization of Social Security. It is going to hurt millions of American women, American families and ultimately the whole country.

I stand with the millions of seniors and working people who depend on Social Security and who expect the money they put in to be there for them when they retire.

The reason to deal with Social Security is that it is a system where we have a tradition and history of making sure it is solidly funded for 75 years. At the moment, we look out and we see it is solidly funded until 2037.

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.

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.

We need to strengthen and save Social Security for today's workers. If we don't act now, this system, born out of the New Deal, will become a bad deal.

The rate of return on Social Security for people nearing retirement is about 1.5 percent. By the time young children like mine are ready to retire, that rate of return will be a negative percentage.

Social Security is not just another government spending program. It is a promise from generation to generation.