[Congressional Record Volume 148, Number 27 (Tuesday, March 12, 2002)]
[House]
[Page H792]
From the Congressional Record Online through the Government Publishing Office [www.gpo.gov]




                       SAVE SOCIAL SECURITY FIRST

  (Mr. WYNN asked and was given permission to address the House for 1 
minute and to revise and extend his remarks.)
  Mr. WYNN. Mr. Speaker, I rise this afternoon to lament the late great 
lockbox. You remember the lockbox. That was our promise not to spend 
Social Security trust funds on anything other than preserving the 
solvency of Social Security. Well, this administration's budget breaks 
into the lockbox. It obliterates the lockbox.
  The Congressional Budget Office reports that the Republican budget 
spends $179 billion from the Social Security trust fund on other 
programs. You will hear quickly that this is because of the war. That 
is not true. The deficit that is forcing us to break into the Social 
Security trust fund, 43 percent of it is due to tax cuts, tax cuts for 
the very wealthy, tax cuts for corporations like Enron who stand to 
gain $254 million in tax breaks. I think that is wrong.
  When we had a surplus a year ago and when we did not have a war, tax 
cuts made sense. But now today, facing a war, facing a deficit, we 
cannot afford these tax cuts. It breaks a promise that we made to the 
working families of America, and I believe it is just plain wrong.

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