As a nation, we've made many promises to our fellow citizens. Through our entitlement programs, retirees are guaranteed a pension through Social Security and access to healthcare through Medicare, as well as support to the poor and disabled. My mother, a former public school teacher, relies on this support in her retirement. I'm proud we have a safety net that shelters all Americans from true poverty, however, these programs are rapidly growing beyond our ability to pay for them. To be blunt, Social Security is going bankrupt.
Beginning this year Social Security will pay out more than it collects, slowly consuming the funds that have built up over time from contributions by hardworking Americans. Numerous independent financial and economic analysts agree that Social Security as currently structured is fiscally unsustainable. If we fail to fix entitlement spending today, we will be forced to break our contract in the future.
For many Americans who need help staying afloat in times of hardship, any changes to the social safety net can seem daunting, and I share these concerns. As the son of a retired school teacher whose livelihood depends on these programs, I understand the need to keep them intact now and strengthen them for the future. I believe this issue must be given greater attention, and I am dedicated to using my position in Congress to fight for sensible, long-term solutions that strengthen this program for current seniors and also future generations.