A Congressional Budget Office report released as recent as June 2004 says the system will be able to pay full benefits until 2052, and 80 percent after that.
quote by Grace Napolitano
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Related quotes
The GAO just released a report that said 22 percent of federal programs fail to meet their objectives. The truth is we don't know how taxpayer money is spent in Washington, D.C., which is why I think we ought to put every agency budget up on the Internet for everyone to see.
quote by Carly Fiorina
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We are the biggest donor to the United Nations, contributing 22 percent of the regular operating budget and nearly 27 percent of the peacekeeping budget.
quote by Cliff Stearns
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If you look at the studies coming out of the Congressional Budget Office, the number one thing that's going to blow a hole in the deficit as we go forward 20, 30 years is government spending on healthcare.
quote by Christina Romer
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For much of this decade, both Congressional and administration budget projections showed a decline in science and technology accounts of between 20 and 30 percent in real dollars. The real impact to date has been far less severe.
quote by Charles Vest
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A Congressional Budget Office study estimated that gulf energy infrastructure repair costs will be between $18 billion and $31 billion, just from the damages the hurricane created.
quote by Mark Foley
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Even the Congressional Budget Office and the Social Security trustees appointed by the president say that Social Security is financially sound, without any changes for the next 40 to 50 years.
quote by James Roosevelt
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All alone in a committee room of the Senate Office Building in Washington, I was reading the dry typewritten pages in an unpublished report of an almost forgotten congressional committee hearing.
quote by Robert Welch
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The cost of congressional and presidential campaigns has been leaping every two or four years. I think this year it will be 60 percent more than 1996; well over twice as much as in 1992 in the presidential and congressional races.
quote by Robert McChesney
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Info For Everone
From: CLEMENT TWIFORD [mailto: [email protected]]
Sent: Saturday, October 15,2011 10: 16 AM
To: undisclosed recipients:
Subject: : Makes sense to me! !
Warren Buffett, in a recent interview with CNBC, offers one of the best
quotes about the debt ceiling:
'I could end the deficit in 5 minutes, ' he told CNBC. 'You just pass a law
that says that anytime there is a deficit of more than 3% of GDP, all
sitting members of Congress are ineligible for re-election. The 26th
amendment (granting the right to vote for 18 year-olds) took only 3 months
& 8 days to be ratified! Why? Simple! The people demanded it. That was in
1971...before computers, e-mail, cell phones, etc. Of the 27 amendments to
the Constitution, seven (7) took 1 year or less to become the law of the
land...all because of public pressure.
Warren Buffet is asking each addressee to forward this email to a minimum of
twenty people on their address list; in turn ask each of those to do
likewise.
In three days, most people in The United States of America will have the
message. This is one idea that really should be passed around.
*Congressional Reform Act of 2011*
1. No Tenure / No Pension. A Congressman collects a salary while in office
and receives no pay when they are out of office.
2. Congress (past, present & future) participates in Social Security. All
funds in the Congressional retirement fund move to the Social Security
system immediately. All future funds flow into the Social Security system,
and Congress participates with the American people. It may not be used for
any other purpose.
3. Congress can purchase their own retirement plan, just as all Americans
do.
4. Congress will no longer vote themselves a pay raise. Congressional pay
will rise by the lower of CPI or 3%.
5. Congress loses their current health care system and participates in the
same health care system as the American people.
6. Congress must equally abide by all laws they impose on the American
people.
7. All contracts with past and present Congressmen are void effective
1/1/12.
The American people did not make this contract with Congressmen. Congressmen
made all these contracts for themselves. Serving in Congress is an honor,
not a career. The Founding Fathers envisioned citizen legislators, so ours
should serve their term(s) , then go home and back to work.
If each person contacts a minimum of twenty people then it will only take
three days for most people (in the U.S.) to receive the message. Maybe it is
time.
THIS IS HOW YOU FIX CONGRESS! ! ! ! ! If you agree with the above, pass it on.
If not, just delete. You are one of my 20. Please keep it going.
poem by Louis Rams
Submitted by Poetry Lover
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Usually, about 85 percent of what the tabloids report is a lie. Over the last year, I can truly say it has been 99 percent.
quote by Kirstie Alley
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The important aspect as we look at this budget, and as we look at previous budgets, is the budget system - what I'm trying to get at is changing budgeting itself in Wisconsin.
quote by Scott McCallum
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I do not believe that the Social Security system is in crisis. The Social Security Administration itself recently reported that the system is able to pay full benefits as they are defined today until at least 2042.
quote by James T. Walsh
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The 60th Anniversary of D-Day
The Jewish World has much to praise
Those that fought on that Great Day,
To release the World from tyranny great,
Which could have sealed the Jewish Fate,
Had Germany not fallen before
The Allied Armies knocking at their door.
On the beaches of Normandy they fought,
On 6th of June 1944 began that onslaught.
Those courageous men who fought and died,
Remembered by comrades still alive,
On this, the 6th June 2004,
Sixty years after they fought that war.
© Jonathan Goldman [JGthepoet] - 6 June 2004
poem by Jonathan Goldman a.k.a JGthepoet
Submitted by Poetry Lover
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The budget enforcement rules of the 1990s were an important part of getting the budget back into balance. It was done on a bipartisan basis. Those pay-as-you-go rules were tested and they worked. We are now in a one-party system, and we have thrown them out.
quote by Melissa Bean
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Our people get profit-sharing checks. I got a report the other day that says that 84 percent of our people participate in our stock purchase program, where they can buy stock at a 15 percent discount.
quote by David Neeleman
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The 9/11 Commission recently released their report, citing important changes which need to be made to improve our nation's homeland security. I voiced my disappointment with the House leadership when this report was left until after the August recess for action.
quote by Leonard Boswell
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Skids Into A Fizz
The budget?
The budget as it is,
Has skidded into a fizz.
No one chooses to say 'flop'...
Hoping that a plot is schemed,
To return smiling and gleaming grins again...
To those so close to giving up.
The budget?
The budget as it is,
Has skidded into a fizz.
With a 'don't-plop-me-down-now-thud'!
And added fuss and frustration.
The budget?
We monthy cuss that budget.
That budget...
Has us all caught up in corruptness.
And feuding over turf outsourced and sold.
Long ago.
The budget?
Skids into a fizz.
And folks with lips poked...
Still want to feel,
They can pop...
More champagne.
The budget?
Skids into a fizz.
And folks with lips poked...
Still want to feel,
They can pop...
More champagne.
poem by Lawrence S. Pertillar
Submitted by Poetry Lover
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However, the Administration's plan to privatize Social Security will undermine retirement security for all Americans by cutting guaranteed benefits by more than 40 percent, and risky private accounts won't make up for the loss of benefits for millions of Americans.
quote by Ruben Hinojosa
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Less than 8 percent of private sector workers belonged to a union in 2004, and, overall, only 12.5 percent of American workers carry a union card - down from about one-third of workers in labor's heydays in the 1950s.
quote by Linda Chavez
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As I have traveled throughout my Congressional district, the one thing I heard loud and clear was simply please stop spending money you do not have, rein in spending, live within a budget.