[Congressional Record Volume 145, Number 130 (Thursday, September 30, 1999)]
[House]
[Page H9029]
From the Congressional Record Online through the Government Publishing Office [www.gpo.gov]
CBO SAYS SPENDING PLAN WILL NOT USE SOCIAL SECURITY SURPLUS
(Mr. BARTLETT of Maryland asked and was given permission to address
the House for 1 minute and to revise and extend his remarks.)
Mr. BARTLETT of Maryland. Mr. Speaker, I am going to depart from my
prepared remarks to try and set the record straight. We had a number of
representatives from the other side of the aisle who have gotten up to
say that our Republican spending plan would spend Social Security
money. They have even shown newspaper articles to bolster their
contention. The newspaper articles are wrong. They are wrong.
Let me read again from a letter from the Congressional Budget Office
dated September 30, that is today, to the Speaker.
``Dear Mr. Speaker: You requested that we estimate the impact on the
fiscal year 2000 Social Security surplus using CBO's economic and
technical assumptions based on a plan whereby net discretionary outlays
for fiscal year 2000 will equal $592.1 billion.'' That is the
Republican spending plan. ``CBO estimates that this spending plan will
not use any of the projected Social Security surplus in the year
2000.''
Being a teacher, I know that repetition is the soul of learning, so
let me say it again to my colleagues on the other side of the aisle:
``CBO estimates that this spending plan will not use any of the
projected Social Security surplus in the fiscal year 2000.'' Do my
colleagues get it?
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