[Congressional Record Volume 151, Number 58 (Thursday, May 5, 2005)]
[House]
[Page H2984]
From the Congressional Record Online through the Government Publishing Office [www.gpo.gov]
SOCIAL SECURITY
(Mr. THOMPSON of California asked and was given permission to address
the House for 1 minute.)
Mr. THOMPSON of California. Mr. Speaker, last weekend, the President
finished his 60 stops in 60 days tour. He traveled to a lot of places,
but I wish he had come to my district because my district and my
constituents would have told him, in no uncertain terms, that
privatizing Social Security just does not cut it.
I have here over 3,000 petitions that were submitted to me by
Rosalind Peterson and Becky Curry on behalf of the residents of three
of my counties--Lake, Mendocino and Sonoma. They speak for people all
along California's north coast who know that privatization will do
three things: it will worsen the solvency of Social Security, it will
lead to benefit cuts for everyone, and it will cause an explosion in
our already record level national debt and our deficit.
My constituents know that Social Security is the most successful
Federal program in our Nation's history. We need to strengthen Social
Security to make sure it is solvent for future generations, but
privatization is not the answer.
My constituents know that, and given the nationwide opposition to the
President's privatization scheme, his constituents know it, also.
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