Imagine if there were no Social Security COLA and today's 47 million Social Security beneficiaries had to keep up with current health care and energy inflation on their own,

Arbitrary caps on Medicare will mean that providers or beneficiaries will have to make up the difference through lower payment rates or higher cost sharing.

It is naive to imagine a program [Social Security] put into place in the 1930s will go on for another 100 years without having some changes. Changes have taken place certainly in this country and will continue to take place.

He's being ludicrous. There's absolutely no way that you can get from the number we reported yesterday to $100 million. Nowhere near it.

It is like comparing champagne with cognac. No-with Coca-Cola.

I don't know of any bills we have. My pension and Social Security aren't huge, but between them we do nicely. We don't require a whole lot.