[Congressional Record Volume 144, Number 119 (Thursday, September 10, 1998)]
[House]
[Page H7499]
From the Congressional Record Online through the Government Publishing Office [www.gpo.gov]




                REGARDING TAX REFORM AND SOCIAL SECURITY

  (Mrs. CUBIN asked and was given permission to address the House for 1 
minute and to revise and extend her remarks.)
  Mrs. CUBIN. Madam Speaker, now that both Houses of Congress are back 
in session, I believe one of the primary goals that we should set our 
sights on is providing an across-the-board tax cut for all Americans. 
The Clinton administration has said that they do not support any tax 
cuts until Congress has made sure that Social Security is solvent for 
the so-called baby boomer generation, of which I am one.
  Madam Speaker, I believe we can achieve both of these goals. With an 
anticipated budget surplus of $1.6 trillion over the next 10 years, 
there is no doubt in my mind that we can continue to have a balanced 
budget, begin paying down the national debt, provide tax relief for 
hard-working Americans, and maintain the solvency of our Social 
Security program.
  Simply by paying off our $5 trillion national debt, which probably is 
not all that simple, and maintaining budgetary balance, the future of 
Social Security will be secure for Americans into the next century.
  There is a plan being offered by the gentleman from Texas (Mr. Sam 
Johnson) and the gentlewoman from Connecticut (Mrs. Nancy Johnson) 
which will achieve these worthy goals. While their proposal is not 
everything I would envision in the way of tax reform, it is a good step 
in the right direction.

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