[Congressional Record Volume 140, Number 45 (Thursday, April 21, 1994)]
[House]
[Page H]
From the Congressional Record Online through the Government Printing Office [www.gpo.gov]
[Congressional Record: April 21, 1994]
From the Congressional Record Online via GPO Access [wais.access.gpo.gov]
THE NEW ``FIX'' IS IN
(Mr. EWING asked and was given permission to address the House for 1
minute and to revise and extend his remarks.)
Mr. EWING. Mr. Speaker, the Democrat leadership has decided to fix
the Social Security system.
The new fix is to raise your Social Security taxes and lower the
benefits you receive.
Your Government in Washington is on the job. The same one that
brought you the problem now has the solution. Again.
Just last year the Clinton administration increased taxes on the
elderly's Social Security benefits. Now they want to raise taxes at
both ends by increasing both payroll taxes and benefits taxed.
The Democrat plan would increase the tax employers pay. It would
increase the tax employees pay. And it would cut the benefitS of the
average contributor by 8 percent and cut the above-average
contributor's by one-fifth. The operative words being--tax and tax and
cut and cut the benefits.
This is precisely the sort of solution Washington proposes for its
programs that cannot pay their way--more from you and less from the
Government.
Are you not glad that Washington could take time from designing your
new health care plan to tinker with your retirement plan?
____________________