Social Security

Floor Speech

Mr. SAM JOHNSON of Texas. Madam Speaker, a new report shows Social Security is a lot worse off than predicted. It's time for Congress to find real solutions to the Nation's ailing retirement safety net. The trustees' report predicts an even gloomier forecast than last year due to the economic downturn and the beginning retirement wave of the baby boomer generation.

The President and Majority Leader Hoyer have rightly called for action to bolster Social Security's future. Congress must respond now by finding a solution.

As the lead Republican tasked with handling Social Security, I stand ready and willing to join Democrats and Republicans to get the job done now. The longer we delay, the more drastic Social Security's adjustments will be, the greater the burden will be on future generations, and the more detrimental the impact on our national economy.

Americans want, need, and deserve a Social Security system that works.

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