[Congressional Record Volume 156, Number 101 (Thursday, July 1, 2010)]
[House]
[Pages H5308-H5309]
From the Congressional Record Online through the Government Publishing Office [www.gpo.gov]
SOCIAL SECURITY BENEFITS
(Mr. TONKO asked and was given permission to address the House for 1
minute and to revise and extend his remarks.)
Mr. TONKO. Mr. Speaker, I think that the President was right
yesterday when he called our friends on the other side of the aisle out
of touch.
In my hometown of Amsterdam, New York, there are neighbors who are
hurting. In some instances, this recession has eliminated nearly half
of their retirement savings. Others have lost their homes.
Despite this downturn and Wall Street's recklessness, Republicans
still want to privatize Social Security. They want to create a casino
economy and play Russian roulette with our hard-earned retirement
savings.
Most of the seniors in Amsterdam have worked hard and have played by
the rules their entire lives. Social Security, which they have paid
into their entire working life, is their crucial safety net and
financial security. Let's not gamble it away to appease Republicans,
Wall Street, and big banks.
Just a few days ago, the leader of the other side suggested slashing
Social Security benefits and using those funds and savings to pay for
the war in Iraq and the war in Afghanistan. Enough is enough.
Democrats in Congress are standing up for seniors and fighting to
protect Social Security, to create jobs here at home and to support
small business as the engine of job growth.
Mr. Speaker, I will continue to fight for seniors because they are
deserving of the respect that they have earned.
[[Page H5309]]
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