[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]




  REPUBLICANS WANT TO PRESERVE SOCIAL SECURITY FOR THE NEXT GENERATION

  (Mr. KINGSTON asked and was given permission to address the House for 
1 minute and to revise and extend his remarks.)
  Mr. KINGSTON. Mr. Speaker, after 40 years of Democrat rule in the 
United States House of Representatives, what do we have? We have a 
national debt of about $5 trillion. Year after year, deficit spending. 
After 3 years of Republican rule, we have a surplus.
  What do we have after 40 years of Democrat rule on Medicare? A 
Medicare system that was going bankrupt. What do we have after 3 years 
of Republican rule? A Medicare system that was saved and protected on a 
bipartisan basis.
  Now on Social Security, after 40 years of Democrat rule, what do we 
have? $14 trillion that has been taken out of the Social Security trust 
fund and spent on roads and bridges and anything else, any special 
projects and wasteful spending the Democrats could dream up.
  What are Republicans doing about it today? We set aside $1.4 trillion 
for the Social Security trust fund. Not one dime in 40 years of 
Democrat rule has been set aside and protected for Social Security. It 
has all been taken out and backed up with a Treasury bill.
  Now Republicans are taking the step to look after not just American 
seniors for the next election but for the next generation.

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