[Congressional Record (Bound Edition), Volume 145 (1999), Part 13]
[House]
[Pages 18607-18608]
[From the U.S. Government Publishing Office, www.gpo.gov]



                       SAVE SOCIAL SECURITY FIRST

  (Ms. SANCHEZ asked and was given permission to address the House for 
1 minute.)
  Ms. SANCHEZ. Mr. Speaker, here we go again. Social Security is the 
primary retirement system for the majority of retired Americans. It 
provides benefits to 33 million Americans of all ages and it keeps 12 
million of them out of poverty.
  The GOP Social Security approach is really an unreliable response 
that supports wealthy special interests. Why does the GOP want to 
undercut a sound economy with a tax scheme designed to benefit the few?
  We must protect Social Security. This means less debt, lower interest 
costs, rising living standards, more money made available for seniors' 
priorities, and more security for Social Security.
  The Republican tax cuts mean higher deficits, higher interest rates 
and lower

[[Page 18608]]

economic growth. Their tax scheme would make it impossible to continue 
to pay down and eventually eliminate the debt we have by 2015 as 
proposed by our President.
  My colleagues across the aisle would have us believe that their 
efforts are to support Social Security, but this is not so. Their tax 
cut does not cut it.

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