[Congressional Record Volume 144, Number 130 (Friday, September 25, 1998)]
[House]
[Page H8721]
From the Congressional Record Online through the Government Publishing Office [www.gpo.gov]




           TAX CUTS TODAY WILL HURT AMERICAN WORKERS TOMORROW

  (Mr. WISE asked and was given permission to address the House for 1 
minute and to revise and extend his remarks.)
  Mr. WISE. Mr. Speaker, we are going to hear a lot today about there 
being a budget surplus, and that is the good news. But the surplus 
comes from the Social Security system. So what is the bill that is 
going to be on the floor today? To give an election year tax cut paid 
for out of using Social Security funds.
  Mr. Speaker, I want a tax cut, too, for America's working families, 
but not by taking from Social Security.
  We are going to hear about a 90-10 bill, that they are going to put 
90 percent of Social Security aside where it cannot be touched. But we 
all know something. That is that we should not take 90 percent of 
Social Security to pay for anything else. We should not take 10 
percent. We should not take one penny of the Social Security surplus to 
pay for something else. That belongs to America's retired.
  I support a bill giving tax cuts but not until Social Security is 
preserved. In order to cut taxes today, we should not take from the 
benefits that American workers receive tomorrow. That is wrong.

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