The Medicare prescription drug benefit advancing through Congress will cost much more, and do less good, than many legislators realize,

Both of the benefit reductions he proposed will improve the Social Security numbers somewhat, but they will leave a large imbalance in place.

We need these measures because we need to be able to evaluate the trade-offs involved and the alternative methods of solving the problem, ... To do that, we have to take the full fiscal imbalance into account.

The problem is pretty urgent, and we don't have any time to start dealing with these problems, ... If we do nothing today, the cost of postponing action grows over time.

Whatever is coming down has to be split up among many siblings,

We have not galvanized Congress, but we will have to.