Paul Ryan attempts an adult conversation on debt & entitlement reform

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Uploaded by on Sep 23, 2010

http://www.americanroadmap.org/

Congressman Paul Ryan continues his efforts to advance an adult conversation on the urgent need to protect Social Security for current and future generations. Ryan's efforts were met -- again -- with false attacks earlier today on CNN's Situation Room in a spirited exchange with Rep. Debbie Wasserman Schultz. By pushing desperate demagoguery and no solutions, leading Democrats threaten to shred the critical social safety net as our crushing burden of debt explodes and our critical health and retirement security programs collapse.

Facts on Social Security and Ryan's Roadmap

Should politicians continue to cling to the unsustainable status quo, Social Security will not be able to meet its promise to our seniors, imposing painful benefit cuts on those most reliant on this critical program. The Social Security Administration continues to warn of across-the-board 22% benefit cuts for seniors in the heart of their retirement when the Trust Fund is exhausted. Social Security continues to run annual cash deficits, with over $5 trillion in unfunded liabilities.

To meet this challenge, Congressman Paul Ryan offered an invitation for solutions -- putting forward a specific plan the Congressional Budget Office and the Social Security Administration's Chief Actuaries confirmed would save Social Security, making it sustainably solvent for current and future generations. Ryan's legislative proposal -- H.R. 4529, A Roadmap for America's Future -- makes no changes to Social Security for those 55 and older, while offering future seniors the same health and retirement security options enjoyed by Members of Congress.

- Ryan's reforms make no changes in the program for Americans 55 and older, while strengthening Social Security so it will be there for future generations.
- Ryan's Roadmap secures the social safety net where it is most needed -- providing an increased benefit for low-income individuals, while making modest adjustments in the continued growth of benefits for wealthier seniors.
- At the center of the false attacks are Ryan's proposal to offer future seniors (those now 54 and younger) the option of guaranteed, personal accounts to help fulfill the mission of retirement security.
- Under Ryan's Roadmap, future beneficiaries would remain in the traditional government-run system, unless they choose to direct a portion of their payroll taxes to guaranteed personal accounts, owned by the individual, managed by the Social Security Administration, and guaranteed by the Federal government. Neither the traditional system or optional accounts system would be privatized.
- In the personal-accounts system, the accounts are managed and overseen by Social Security Administration - not a stockbroker or private investment firm. Those choosing the personal-accounts option would select from a handful of low-risk, government-regulated options — just as Members of Congress and Federal employees do with the Thrift Savings Plan.
- Ryan's Roadmap includes a fully-financed, government-backed guarantee so that individuals would get back, at minimum, every dime contributed to the optional, Social Security-managed accounts offered to those now 54 and younger.

Additional links:
- Social Security Administration Actuaries on Ryan's Roadmap: http://www.roadmap.republicans.budget.house.gov/News/DocumentSingle.aspx?Docu...
- Congressional Budget Office on Roadmap: http://www.roadmap.republicans.budget.house.gov/News/DocumentSingle.aspx?Docu...
- Statement from Paul Ryan on the need for an adult conversation, and fact sheet: http://budget.house.gov/News/DocumentSingle.aspx?DocumentID=205314
- Setting the Record Straight: http://www.roadmap.republicans.budget.house.gov/Issues/Issue/?IssueID=9847
- PolitiFact: http://www.politifact.com/wisconsin/statements/2010/sep/10/democratic-congres...
- PolitiFact: http://www.politifact.com/truth-o-meter/article/2010/sep/02/democratic-exagge...
- FactCheck.org: http://www.factcheck.org/2010/09/democrats-misfire-on-social-security-again/
- The True Threat to the Safety Net: http://www.usatoday.com/news/opinion/letters/2010-09-10-letters10_ST1_N.htm

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Top Comments

  • On the left you have......talking points and on the right.........someone who understands the problem.......who do you want making policy?

  • Debbie Wasserman Shultz is an idiot. She doesn't have a clue what the American people want...

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All Comments (1,094)

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  • She's an idiot. Just a bitter shitfaced douche nozzle.

  • LadybugsTX. Thats not true. It's not that she doesn't have a clue what the American people want, it's that she just does not care. You are right about one thing...she IS an idiot.

  • Trying to sweep it under the rug? but she just mentioned that he was touring around the country to promote it. That's Debbie Shultz logic for you

  • wtf is wrong with her voice, is she drunk?

  • stupid progressive cunt, we'd be better off gassing them all so that the adults can take over

  • F**king LeftWing Ho !

  • Paul Ryan is the shit!!!

  • What a lovely married couple =D

  • @blrohm Who wrote the bill dude? Simple question. I just wanna see if you can admit it. Or do you think paul ryan wrote it? Bc he is such an expert economist...

  • @qualityrkc First of all dickhead, I'm 30. Second I'm not a Republican. So why don't you tell me who wrote the plan, since I obviously I don't know how to use the computer. And please don't even come with your leftist, tin foil wearing "the Koch brothers did it" bullshit.

  • @blrohm HAHA you don't even know who wrote the plan! Nice deflection tho! It would have taken a normal person 2 seconds to do that research and instead you just try to insult me! You are a perfect example of a modern day republican! Old man doesnt even know how to use a computer!

  • @qualityrkc Oh I'm sure you have some kind of conspiracy theory, private interest group that had the bill waiting in a desk drawer until he asked for it, right?

  • @blrohm Who wrote Paul Ryans plan?

  • @qualityrkc I'd disagree with that statement. Paul Ryan eludes to his budget plan to make those programs solvent. You can easily find the plans online and confirm what he is saying is true. Or at least that in his mind he has put down a plan that he thinks will make the programs solvent.

  • The problem isn't really Debbie, it's CNN.

    People in this country are uneducated about our fiscal crisis because our 24 hour news agencies can't spare more than three goddamned fucking minutes to let our leaders talk about social security and medicare!

    I bet Wolf's next story was about some Hollywood trollop getting pulled over for a DUI.

  • I cant stand that witch!! Sen. Ryan you are awesome!

  • Schultz keeps saying he wants to take everyone's SS money and invest it in the stock market. That is a LIE!! He wants to give citizens the option of investing their SS money in the stock market. Big difference. This also includes Bond funds, she wants you to think it's nothing but high risk stock plays.

  • like two children fighting over which of them deserves the piece of cake

  • Blitzer wants to bear Wasserman's child.

  • @GrandFunker LOL...so that's it!

  • She can't make extended eye contact, one of the hallmarks of a liar.

  • @Tcorps79 That's her skin. She's from another planet. The suit is a disguise to hide that.

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