[Congressional Record Volume 156, Number 107 (Tuesday, July 20, 2010)]
[House]
[Page H5728]
From the Congressional Record Online through the Government Publishing Office [www.gpo.gov]




       REJECT PROPOSALS TO PRIVATIZE SOCIAL SECURITY OR MEDICARE

  (Ms. MARKEY of Colorado asked and was given permission to address the 
House for 1 minute and to revise and extend her remarks.)
  Ms. MARKEY of Colorado. Mr. Speaker, as we debate ways to tackle our 
growing deficit and create jobs, I call today on this Congress to 
reject proposals that would privatize Social Security or Medicare.
  Colorado seniors rely on Social Security and Medicare; and as we 
struggle to climb out of a deep recession, the security provided by 
these programs is more critical than ever.
  Dismantling Medicare and adding trillions of dollars to the deficit 
with a risky privatization scheme that gambles seniors' financial 
security in the stock market is just the wrong way to go. Rolling the 
dice on the financial security our seniors depend on, in a financial 
system that recently almost collapsed, is reckless in the extreme and 
has been roundly rejected by the American people.
  We can cut waste, fraud, and abuse from Social Security and Medicare 
without cutting a penny in benefits, and I will fight to protect the 
promise that we made to America's seniors.

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