The economist John Maynard Keynes said that in the long run, we are all dead. If he were around today he might say that, in the long run, we are all on Social Security and Medicare.

My neighbors aren't millionaires. They're retirees who depend on Social Security and Medicare.

And in terms of entitlement reforms, we have to save them from themselves, because if we don't reform social security and we don't reform Medicare, they're going to actually implode.

I've never said anything about privatizing Social Security.

The real sin with Social Security is that it's a long-term rip-off and a short-term scam.

While Social Security faces some long-term challenges, the system is not in crisis.