House Minority Leader, Nancy Pelosi (D-CA), speaks about the President’s claim that Social Security will be bankrupt by 2018.

Posted by Staff on February 17, 2005 |

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
« Senator Herb Kohl (D-WI) asks Secretary of State Condoleezza Rice when Iraq will be stable enough to begin troop withdrawal.
President Bush nominates Ambassador John Negroponte as the Director of National Intelligence. »
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