Between Worlds, by Bill Richardson: on Social Security


Focus budget reform like Soc. Sec., avoiding future burden

Spending now and passing the bill on to our children is simply immoral. To be a legislator, to be a governor, to be a president, is to make choices, difficult choices, not to saddle future generations with debts that we ourselves lack the will to pay.

We need to address this profligacy in a bipartisan manner. There is no shortage of strategies--hard spending caps in Congress; an end to certain tax cuts enacted when the fiscal outlook was brighter; a larger overhaul of the federal tax code to build simplicity and equity into the system. I would advocate some combination of these three approaches. But I doubt that Washington can get from here to there without some political cover. This was the job done by Alan Greenspan's Social Security Reform Commission in 1983. I'd set up a commission on taxes and spending. We simply cannot continue to avert our eyes from this gathering crisis.

Source: Between Worlds, by Bill Richardson, p.347 Nov 3, 2005

  • The above quotations are from Between Worlds: The Making of an American Life, by Bill Richardson, with Michael Ruby.
  • Click here for definitions & background information on Social Security.
  • Click here for more quotes by Bill Richardson on Social Security.
2008 Presidential contenders on Social Security:
Republicans:
Chmn.John Cox
Mayor Rudy Giuliani
Gov.Mike Huckabee
Rep.Duncan Hunter
Sen.John McCain
Rep.Ron Paul
Gov.Mitt Romney
Sen.Fred Thompson
Democrats:
Sen.Hillary Clinton
Sen.John Edwards
Sen.Mike Gravel
Rep.Dennis Kucinich
Sen.Barack Obama
Third Parties:
Green: Rep.Cynthia McKinney
Socialist: Brian Moore
Independent: Mayor Mike Bloomberg
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