[Congressional Record Volume 151, Number 37 (Tuesday, April 5, 2005)]
[House]
[Page H1738]
From the Congressional Record Online through the Government Publishing Office [www.gpo.gov]
SOCIAL SECURITY
(Mr. SHAW asked and was given permission to address the House for 1
minute.)
Mr. SHAW. Mr. Speaker, I want to introduce to my colleagues someone
that they may already know, Ida May Fuller. Ida May was the recipient
of the first Social Security check ever issued. In 1940, the year Ida
May began collecting, Social Security was a dream come true for
retiring Americans.
For every Ida May, there were 42 younger workers contributing to her
retirement. Ida May worked under Social Security for 3 years, paid in
$24 and got more than $22,000 in benefits. Ida May Fuller got one heck
of a deal.
Fast forward now to 2005, March 15, 2005, the day that my 15th
grandchild was born, Keegan Riley Shaw. Today, there are only three
workers supporting each retiree; and soon, it will dwindle to two.
If we do not act now to save Social Security, when Keegan walks
across the stage at his college graduation, a diploma will not be the
only thing he is handed. Try a $600 billion-a-year tax hike. And when
Keegan retires and goes to his mailbox to get his Social Security
check, unlike Ida May, he will be opening a giant IOU.
I am fighting so that my grandchildren, and every grandchild in
America, have a secure retirement, just like Ida May. Let us start
talking about the next generation, not the next election.
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