Reform Medicare And Social Security To Keep Our Promise To Seniors – Senator John Cornyn

Senator John Cornyn: “While we know we’ve been spending in Congress at an unprecedented pace and have a deficit of $1.8 trillion, as bad as that is, that’s not the whole story. What we’ve heard from the trustees of Medicare and Social Security is that Medicare will basically be out of cash by year 2017 and we know that there are $67 trillion in unfunded liabilities. That’s why I believe we need to roll up our sleeves and get to work and reform Medicare and Social Security, so we can keep the promise we made to seniors that it would be there and be financially viable when they retire.”

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