So sitting down in those talks, I started looking at how do you define the problem? We don't have a 10 year budget window problem. We have a 30 year demographic problem [with the baby boom generation retiring at the rate of 10,000 people per day]. All the baby boom generation where we're retiring at the rate of 10,000 people per day on a bipartisan basis where we made all these promises and we don't have a way to pay for it. (08:06–08:09)
CLAIM
Asserts that the U.S. faces a demographic problem due to the retirement rate of the baby boom generation.
This is an excerpt from a raw transcript. The assertions have not been audited or verified. Tap the video to view the source footage and understand the context.