[Congressional Record Volume 145, Number 144 (Thursday, October 21, 1999)]
[House]
[Page H10618]
From the Congressional Record Online through the Government Publishing Office [www.gpo.gov]




          PRESIDENT NEEDS TO SHOW US HIS SOCIAL SECURITY PLAN

  (Mr. OSE asked and was given permission to address the House for 1 
minute and to revise and extend his remarks.)
  Mr. OSE. Mr. Speaker, did my colleagues know that Americans today are 
living longer and having fewer children? This means, in the end, fewer 
workers in the future to support each Social Security beneficiary.
  In 1960, there were 5.1 workers for every person on Social Security. 
Today that number stands at 3.4, and on our current pace, by the year 
2030, that ratio will be down to 2.1. Let me repeat that. There will be 
two people supporting each Social Security beneficiary.
  Mr. Speaker, we need to reform our current Social Security system, 
and we need to reform it as soon as possible. It has now been 294 days 
and counting since the President promised to provide reforms to the 
Social Security plan. He has not delivered.
  As my good friends on the other side know, we cannot make up in 
volume what we lack in a plan.
  There is no plan. The President has not given us his machine. Mr. 
Speaker, I am asking the President, finally, show us your plan.

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