[Congressional Record Volume 145, Number 41 (Tuesday, March 16, 1999)]
[House]
[Pages H1275-H1276]
From the Congressional Record Online through the Government Publishing Office [www.gpo.gov]
PUT THE TRUST BACK INTO THE SOCIAL SECURITY TRUST FUND
(Mrs. KELLY asked and was given permission to address the House for 1
minute and to revise and extend her remarks.)
Mrs. KELLY. Mr. Speaker, this week we know two things we did not know
last week. First, Republicans are setting aside more money for Social
Security than the President is in his budget. Second thing we know is
that the President's budget numbers do not add up. In fact, the numbers
are so wrong that no one is defending them. The nonpartisan
Congressional Budget Office, or CBO, found that they have not
[[Page H1276]]
seen such double counting since the White House wacky plan to use
sampling and educated guesses for the census.
Mr. Speaker, the President's spending numbers are pure fiction. His
Social Security numbers are even worse. How does one take seriously a
plan that double counts to the tune of $2.4 trillion? Even Newsweek and
the Washington Post are having a good laugh about that.
Unfortunately, the retirement security of seniors should not be
subject to phony numbers and accounting gimmicks that even Orange
County, California could not get away with.
Let us put the trust back in the Social Security Trust Fund.
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