[Congressional Record Volume 144, Number 129 (Thursday, September 24, 1998)]
[House]
[Page H8537]
From the Congressional Record Online through the Government Publishing Office [www.gpo.gov]




                          SAVE SOCIAL SECURITY

  (Mr. GREEN asked and was given permission to address the House for 1 
minute and to revise and extend his remarks.)
  Mr. GREEN. Mr. Speaker, this Congress made a commitment to save and 
protect Social Security for the future. It is one of the most 
successful domestic programs that has ever been created, but now, 
according to my Republican colleagues, we have a surplus, which means 
that we can then provide a tax cut, while at the same time continue to 
hide the real deficit with Social Security funds.
  To make matters worse, it is estimated that the proposed tax cut 
would benefit mostly those who earn over $100,000 a year. To spend this 
illusionary surplus is wrong. We need to remove Social Security from 
the budget and pay down the national debt.
  Let us be honest, we do not have a surplus if we do not include 
Social Security in the budget. What we have is borrowed money from the 
Social Security trust fund, and this money will have to be paid back--
every penny of it. This surplus should go to the Social Security trust 
fund and not a tax cut, because there is no surplus.

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