House Minority Leader, Nancy Pelosi (D-CA), speaks about the President’s claim that Social Security will be bankrupt by 2018.
Pelosi says the President did not consider interest payments in the trust fund when announcing that Social Security would be bankrupt by 2018. She claims that 2030 is a more appropriate date. Pelosi states that if the President defines bankruptcy as having less money going in than coming out, he needs to look no further then his own budget. (:47)
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February 17, 2005
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