WASHINGTON – U.S. Senator Tommy Tuberville (R-AL) spoke in a Senate Health, Education, Labor, & Pensions (HELP) committee hearing about how Americans shouldn’t be taxed twice for Social Security.
Read excerpts from Coach’s remarks below or watch his full remarks here.
“For those of you who don’t know, this group up here in 1983 voted to tax Social Security. And then, a few years later, to tax it again. It’s all a scam. This is all a scam. I mean, we’ve got people that’s getting ready to retire that’s gonna try to live off of two to three thousand dollars – it’s impossible. Because what happens is [the money] comes up here and we spend it. We’re $35 trillion in debt – we don’t have any money. We’re dead broke. And then taxpayers have two trillion dollars in credit card debt. We are in huge trouble. In this body we had better start figuring that out because we’re gonna have a run on this city here soon and there’s gonna be about 150 million people coming up here saying, ‘Where’s our damn money that we paid in?’ I could’ve put my Social Security money for 40 years in the market and it probably would be worth eight to ten million today, but the federal government wasted it.”
Senator Tommy Tuberville represents Alabama in the United States Senate and is a member of the Senate Armed Services, Agriculture, Veterans’ Affairs, and HELP Committees.
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