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And I said, yes. I mean, I saw a survey the other day that said that some people -- a lot of people in their 20s thought it was more likely that they would see a UFO than that they would ever draw Social Security. I thank Governor Allen and Secretary Herman for doing their sort of bipartisan introduction thing. STATUS: This idea was included in the Work and Responsibility Act proposed in Congress and has recently been embraced by the GOP as part of a piece of tax legislation. Most of those people have probably never thought about Arkansas, much less been there. We have a great opportunity now to be able to tell all these young people who are shadowing their Cabinet and administration leaders that Social Security will be there for them when they retire. (Laughter.) He said, don't worry about this. I think he will push for democracy and human rights in Cuba. First, legislation that will allow us to empower our new fraud hunters to spot overpayments and keep crooked medical service providers from getting into the Medicare system to start with.Second, the legislation will allow Medicare to pay much lower rates for prescription medications. But one of the things that bothers me is more and more Americans are in managed care plans and HMOs. It sounds so simple, but it is so mammoth because you have to identify what computers and what chips are where and what the interconnections are.And so it's an enormous, enormous effort, and we really, all of us, are so indebted to these people who have been recognized today with these two agencies, and to others all across the country who are working on this problem in the public and in the private sectors.I say again, the American people don't know who -- or didn't before today -- know who Kathy Adams was.
Today, once again, I have asked Congress to strengthen America's commitment to the International Monetary Fund and the U.N. Really, the decisions that will be made, a lot of them in the next couple of years, will shape the way we as a people will live for far more than the next two years.For six years, since the people of New York gave the Vice President and me and Hillary and our whole team a chance to serve, we've turned the country's economic policy around. The problem is, obviously, that a lot of new computers are also interconnected with older computers and a lot of people can't even be sure what chips are in what computers and what links are there. It's a very important program. All of you know that at present rates of contribution and payment, present rates of retirement, present rates of aging and birth and immigration, we estimate that the Social Security trust fund will be exhausted in about 34 years. Update 3/31/2009: The Social Security "surplus"--which has been borrowed by the Federal Government every year, including under Clinton to generate the "surplus"--is now expected to evaporate within a year (2009 or 2010) rather than the 2017 mentioned above. New York gave the American people Robert Wagner and Herbert Layman (phonetic) and Jacob Javitz and Pat Moynihan in the United States Senate. When I left Washington last week and went to Champaign, Illinois, and La Crosse, Wisconsin, I was moved by the strength and depth of the American people's priority for the surplus they created. The one think I think is very important is that young people understand especially what the realities are. They are in this together.Indeed, we're all in this together. So that when you have these times like this, it is terribly important that we as Americans look to the future and take on our real challenges.To me, that's the most important decision the American people have to make. We all got something out of that, and she's got 60 years or more of giving back to society, that we're all going to benefit from that. Rebating this surplus to workers would finance a payroll tax cut of about 4 percentage points (out of the 12.4 percent payroll tax) without affecting current benefit payments. (Laughter. This fiscal crisis in Social Security affects every generation. And I thank the large number of members of Congress who have come here today, and others, all of you here for the submission of the first balanced budget in 30 years, one that will truly strengthen our nation for the 21st century.This budget marks the end of an era, an end to decades of deficits that have shackled our economy, paralyzed our politics, and held our people back.

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