Governor Christie discusses pensions and benefits on the state level. Footage from the Governor Christie's speech at AEI on February 16, 2011 (Transcript Below).
Governor Christie: Let me suggest to you that what game is being played down here is irresponsible and it's dangerous. We need to say these things and we need to say them out loud. When we say were cutting spending, when we say everything is on the table, when we say we mean entitlement programs, we should be specific. And let me tell you what is the truth. What's the truth that no one is talking about? Here is the truth that no one is talking about: you're going to have to raise the retirement age for social security. Oh I just said it and I'm still standing here! I did not vaporize into the carpeting and I said it. We have to reform Medicare because it costs too much and it is going to bankrupt us. Once again lightning did not come through the windows and strike me dead. And we have to fix Medicaid because it's not only bankrupting the federal government, it's bankrupting every state government. There you go. If we're not honest about these things, on the state level about pensions and benefits and on the federal level about Social Security, Medicare, and Medicaid, we are on the path to ruin.
