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Plus, 40% of our debt is owned by foreign interest. I can't support a plan that passes along cost burden to our children and makes us more reliant on foreign dollars.
Our Nation's immigration laws are disrespected both by those who cross our borders illegally and by the businesses that hire those illegal immigrants.
Nearly 11 million undocumented immigrants currently live within our borders. That's 11 million people living in the shadows whom we know next to nothing about.
It is estimated that raising the retirement age to 70 would cut the shortfall by about 36%. But this proposal has some drawbacks. Women and men who have worked jobs that require manual labor all of their lives may not physically be able to do work until they are 70 years old.
I believe that social security should be a universal retirement guarantee and not means tested.
I believe that as a nation we must have a bipartisan discussion about how to best preserve and protect Social Security for our seniors and for future generations of Americans.
I always try to keep my constituents as up-to-date as possible with what's going on here in Washington.
I actually share her view and understand her frustration when any government attempts to ban secular symbols like Santa Claus or Rudolph the Red Nose Reindeer or Christmas lights.
For these reasons, women tend to rely more heavily on Social Security in their retirement than do men.
Because there still exists a significant pay gap, women tend to earn less than men over the course of their lifetimes. Compounding the problem, women tend to spend less time in the workforce than men.
As you know, Social Security functions under the premise that today's workers will help finance benefits for retirees and that these workers will then be supported by the next generation of workers paying into the same system.
As a result of the current universal benefit, the poverty rate for seniors in America is about 10%. Without the universal benefit, it would be over 50%.
After 9-11, the businesses in my district and throughout the New York metropolitan area saw firsthand the result of a lack of availability of terrorism insurance.
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