[Congressional Record Volume 145, Number 47 (Wednesday, March 24, 1999)]
[House]
[Page H1600]
From the Congressional Record Online through the Government Publishing Office [www.gpo.gov]
NO MORE SOCIAL SECURITY SLUSH FUND
(Mr. SCHAFFER asked and was given permission to address the House for
1 minute and to revise and extend his remarks.)
Mr. SCHAFFER. Mr. Speaker, while the White House is busy working on a
plausible explanation as to how atomic espionage at Energy Department
labs was ignored over the last 3 years, Republicans have been busy
putting together a budget that reflects responsible common sense
conservative values.
For 40 years, the Democrats failed to take Social Security off the
table, turning the Social Security Administration trust fund into a
Washington slush fund. Well, those days are over. The Republican budget
is going to do what should have been done a long time ago. It puts the
Social Security surplus into a safe deposit box.
Long-time observers of Washington know that we need a safe deposit
box to keep big spending liberals from running off with it. The Social
Security trust fund should not be a slush fund. The Republican budget
takes 100 percent of the retirement surplus and sets it aside for
Social Security and Medicare.
We are going to hang a huge sign on the safe deposit box with a
message, ``no liberals allowed. Do not touch.''
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