[Congressional Record Volume 145, Number 68 (Wednesday, May 12, 1999)]
[House]
[Page H3003]
From the Congressional Record Online through the Government Publishing Office [www.gpo.gov]




  REPUBLICAN BUDGET PROPOSAL PUTS MORE ASIDE FOR SOCIAL SECURITY THAN 
                         ADMINISTRATION BUDGET

  (Mr. HERGER asked and was given permission to address the House for 1 
minute and to revise and extend his remarks.)
  Mr. HERGER. Mr. Speaker, the Republican budget proposal puts more 
money aside for Social Security and Medicare than does the Clinton 
administration's plan. Let me repeat that. Our budget proposal puts 
more money aside for Social Security and Medicare than does the Clinton 
administration plan.
  In fact, the President spends $52 billion of the Social Security 
surplus in 2000 and $247 billion of that same Social Security surplus 
over the 5 years. But do not just take my word for it. I urge concerned 
American citizens to verify for themselves the truth of these facts.
  The Republican proposal puts 100 percent of the retirement surplus 
aside for Social Security and Medicare. Our proposal puts that money 
aside in a lock box so that 100 percent of that money goes for Social 
Security and Medicare. The President's proposal, on the other hand, 
puts only 62 percent surplus aside for Social Security. American 
seniors deserve better.

                          ____________________