[Congressional Record Volume 145, Number 142 (Tuesday, October 19, 1999)]
[House]
[Page H10189]
From the Congressional Record Online through the Government Publishing Office [www.gpo.gov]




                    STOP THE RAID ON SOCIAL SECURITY

  (Mr. WATTS of Oklahoma asked and was given permission to address the 
House for 1 minute.)
  Mr. WATTS of Oklahoma. Mr. Speaker, the White House spin this morning 
has spun out of control again. A Washington newspaper reported today 
that the Congressional Budget Office says GOP spending measures have 
already dipped into the Social Security surplus.
  Mr. Speaker, I hold in my hand actual proof that that is not true. In 
a letter to the Speaker dated September 30, the director of the CBO 
reported that currently proposed spending measures will not use any of 
the projected Social Security surplus in fiscal year 2000. Let me say 
that again, will not use a projected Social Security surplus.
  Republicans in Congress have painstakingly worked to craft spending 
measures that do not spend the Social Security surplus, thereby 
stopping the 40-year raid on the Social Security trust fund.
  Mr. Speaker, let us be honest with the American people even if our 
newspapers cannot be. Current GOP spending measures do not dip into the 
Social Security surplus and we are committed to not dipping into the 
Social Security surplus. Social Security is the people's retirement 
fund, not the President's personal slush fund. Stop the raid on Social 
Security.

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