Even without reforms, the Social Security fund will be able to meet 100 percent of its obligations until 2042.

To allow all U.S. workers to put part of their earnings into private investment accounts would definitely erode the Social Security system and cause uncertainty for new investors.

A Congressional Budget Office report released as recent as June 2004 says the system will be able to pay full benefits until 2052, and 80 percent after that.

We must explain the truth: There is no free lunch.

There is a need for Social Security reform to ensure its stability, and Congress must act.

The president's claim that Social Security is going broke is misleading at best. The sky is not falling, although there is no doubt that the system needs to be strengthened.

Almost half of all Latinas currently on Social Security rely exclusively on their benefit check in retirement.