A Congressional Budget Office report released as recent as June 2004 says the system will be able to pay full benefits until 2052, and 80 percent after that.
More Quotes from Grace Napolitano:
We must explain the truth: There is no free lunch.Grace Napolitano
Latinas' life expectancies are relatively long. When a current retiree hits 65 and begins receiving her benefit check, she can expect to live another 22 years. That life expectancy is higher than white women or men.
Grace Napolitano
Almost half of all Latinas currently on Social Security rely exclusively on their benefit check in retirement.
Grace Napolitano
We must take the time to do what needs to be done now, what is right, instead of passing a bad bill.
Grace Napolitano
We must level with the people and explain to them that Social Security will first face funding problems in 2042 that can be fixed now with changes that do not undermine and ultimately drain from the entire program.
Grace Napolitano
We are open to any idea that would strengthen Social Security, but we cannot and will not accept a solution that will destroy it.
Grace Napolitano
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