[Congressional Record Volume 156, Number 107 (Tuesday, July 20, 2010)]
[House]
[Page H5730]
From the Congressional Record Online through the Government Publishing Office [www.gpo.gov]




                 PROTECT THE PROMISE OF SOCIAL SECURITY

  (Mr. TEAGUE asked and was given permission to address the House for 1 
minute.)
  Mr. TEAGUE. Mr. Speaker, I rise today to protect the promise made to 
more than 50 million Americans who depend on Social Security to keep a 
roof over their heads and food on the table.
  Seventy-five years ago, in the wake of our country's worst economic 
crisis, we introduced Social Security as a pledge to stand by 
hardworking Americans, despite old age, disability, or the death of a 
loved one. And, as we emerge from hard financial times, we are still 
keeping this promise to our mothers and our fathers, to our 
grandparents and to our children.
  Unfortunately, there are those who would like to break this promise. 
By privatizing Social Security, we would be gambling with this 
important safety net that many of our seniors rely on, subjecting 
people's entire life savings to the whim of the stock market and 
threatening our own financial stability.
  We cannot allow America's retirement to be gambled away. I stand by 
this commitment I made to southern New Mexico, and I urge my colleagues 
to join me in protecting Social Security.

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