[Congressional Record Volume 151, Number 93 (Tuesday, July 12, 2005)]
[House]
[Page H5644]
From the Congressional Record Online through the Government Publishing Office [www.gpo.gov]




            GROWING REAL OWNERSHIP FOR WORKERS ACCOUNTS ACT

  (Mr. SAM JOHNSON of Texas asked and was given permission to address 
the House for 1 minute and to revise and extend his remarks.)
  Mr. SAM JOHNSON of Texas. Mr. Speaker, when my constituents find out 
that Congress has been spending Social Security money on programs other 
than Social Security, they are mad. That is why I am working to put an 
end to this immoral practice.
  In the past, Congress has not had the discipline to keep its hand out 
of the Social Security cookie jar.
  Our proposal says that future Congresses cannot get their hands on 
the money in the first place.
  My commonsense solution is simple: make sure that Congress spends 
Social Security taxes on Social Security.
  When workers can save part of their Social Security money in a 
personal retirement account with their name on it, Congress will have 
to cut spending from other bloated programs.
  Our bill, the Growing Real Ownership for Workers Accounts Act, grows 
accounts and is an achievable first step toward sending the Social 
Security surplus back where it belongs, in the pockets of hardworking 
Americans.
  I urge my colleagues to cosponsor this bill today.

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