[Congressional Record Volume 151, Number 44 (Thursday, April 14, 2005)]
[House]
[Pages H1971-H1972]
From the Congressional Record Online through the Government Publishing Office [www.gpo.gov]




   SUPPORT RESOLUTION OF INQUIRY REGARDING SOCIAL SECURITY TRUST FUND

  (Mr. KUCINICH asked and was given permission to address the House for 
1 minute and to revise and extend his remarks.)
  Mr. KUCINICH. Mr. Speaker, I am going to be in Columbus, Ohio, 
tomorrow speaking on education when the President is visiting the 
Cleveland area to speak on Social Security. Now, the President has 
alternately asserted there is no Social Security trust fund or it is 
just IOUs.
  Here is a copy of the trust fund report from the Social Security 
Administration. There is a $1.68 trillion surplus in the trust fund. It 
will grow to $6.6 trillion by 2028. The IOUs the President speaks about 
are loans that are backed by the full faith and credit of the United 
States.
  Question: Is the President reneging on repaying the more than $637 
billion his administration borrowed from the trust fund?
  Question: Is this a scheme for the administration to transfer Social 
Security wealth from tens of millions of American workers to pay for 
the tax cuts for the rich?
  A few weeks ago, I introduced a Resolution of Inquiry asking the 
President to produce documents to back up his claim there is no trust 
fund. If anyone in this House has those documents,

[[Page H1972]]

make them public. Otherwise, support H. Res. 170, which requires the 
President to prove his assertion about the trust fund.
  This Congress was misled about Iraq. Let us not be misled about 
Social Security. We do not need a select committee, a Presidential 
commission, or a Senate investigation. We just need the House to 
support H. Res. 170.

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