[Congressional Record (Bound Edition), Volume 145 (1999), Part 10]
[House]
[Page 14718]
[From the U.S. Government Publishing Office, www.gpo.gov]



   REPUBLICANS WANT TO KNOW WHAT FICA MAN IS DOING WITH ALL THE MONEY

  (Mrs. KELLY asked and was given permission to address the House for 1 
minute and to revise and extend her remarks.)
  Mrs. KELLY. Mr. Speaker, what does the FICA man do with the FICA 
taxes taken out of a worker's paycheck?
  Most workers assume, as I used to, that the taxes collected from the 
worker's paycheck for Social Security and Medicare were actually spent 
on Social Security and Medicare. Well, it turns out that is not exactly 
the case.
  The FICA man has been engaging in some very funny business with our 
seniors' Social Security and Medicare money, and more and more seniors 
are learning the harsh truth about the way our Government is running 
the Social Security Trust Fund.
  The FICA man collects the money and uses it to fund all kinds of 
things, things which have nothing to do with Social Security or 
medicare. Republicans want to know what the FICA man is doing with all 
that money. We want to put an end to the practice of raiding the Social 
Security Trust Fund anytime Washington feels like it.
  ``But wait,'' my Democrat colleagues will say, ``Social Security was 
designed to operate like that.''
  Exactly. And that is what we want to change.

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