[Congressional Record Volume 157, Number 104 (Wednesday, July 13, 2011)]
[House]
[Page H4949]
From the Congressional Record Online through the Government Publishing Office [www.gpo.gov]
STOP PLAYING POLITICAL GAMES WITH SOCIAL SECURITY
The SPEAKER pro tempore. The Chair recognizes the gentleman from Ohio
(Mr. Kucinich) for 5 minutes.
Mr. KUCINICH. Madam Speaker, 3 months ago, 276 experts on Social
Security, the Federal budget or the economy wrote to President Obama
``to correct a commonly held misconception that Social Security somehow
contributes to the Federal Government's deficit.''
Despite the fact that Social Security has a $2.6 trillion surplus and
can pay 100 percent of its benefits through 2037 without any cuts or
tax increases, President Obama declared yesterday that Social Security
checks may not go out after August 2, presumably unless there is a deal
on the Federal deficit, which has nothing to do with Social Security.
According to today's Washington Post, 15 years ago, Congress passed
laws which stated Social Security did not count against the debt limit
and gave Treasury clear authority to use Social Security trust funds to
pay benefits and administration expenses in the event a debt ceiling is
reached.
A fake Social Security crisis will do nothing to solve a real debt
crisis, will undermine the public's faith in government, and will
create unnecessary anxiety among our elderly. Stop playing political
games with Social Security.
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