[Congressional Record Volume 148, Number 66 (Tuesday, May 21, 2002)]
[House]
[Pages H2668-H2669]
From the Congressional Record Online through the Government Publishing Office [www.gpo.gov]




 TOMORROW THE HOUSE WILL TAKE ONE MORE STEP TOWARDS UNDERMINING SOCIAL 
                                SECURITY

  (Mr. McDERMOTT asked and was given permission to address the House

[[Page H2669]]

for 1 minute and to revise and extend his remarks.)
  Mr. McDERMOTT. Mr. Speaker, I think that this is a very important day 
for people to be paying attention. Tomorrow, we are going to come out 
here, and we are going to take one more step toward undermining Social 
Security.
  Now, the majority has said for a long time they wanted to privatize 
it; and certainly if we do not fund it, there is not going to be 
anything left except people doing it privately.
  But tomorrow is the day we start. We have not dealt with any of the 
issues that are before this Congress of any import. We have not dealt 
with the pharmaceutical benefit for seniors. We have not dealt with a 
whole bunch of other things.
  But what are they doing tomorrow? They are passing more money out the 
door to fund the tax cuts for the rich. That is the reason they are 
borrowing tomorrow, is because the bill is coming due. In fact, today 
we are going to actually make another move to raise the debt some more.
  Why do we not face the fact that we ought to think about the poor and 
the elderly and what their benefits are going to be in the future?

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