Paul Ryan in To Save America, by Newt Gingrich

On Social Security: Comprehensive model to restructure retirement accounts

The bill introduced in Congress by Paul Ryan serves as a comprehensive model of how to structure such accounts. That bill maintains the current social safety net in full by including a federal guarantee that if any retiree's account cannot pay at least what Social Security would under current law, the federal government would pay the difference. Because capital market returns are so much higher than what Social Security promises, however, it's unlikely the government would ever have to pay off this guarantee.