[Congressional Record (Bound Edition), Volume 145 (1999), Part 16]
[House]
[Page 22996]
[From the U.S. Government Publishing Office, www.gpo.gov]



       ENDING THE 30-YEAR RAID ON THE SOCIAL SECURITY TRUST FUND

  (Mr. ARMEY asked and was given permission to address the House for 1 
minute and to revise and extend his remarks.)
  Mr. ARMEY. Mr. Speaker, for over 30 years Washington big spenders 
have been raiding the Social Security trust funds to feed the greed for 
a bigger, more bloated government.
  Mr. Speaker, now is the time to ``Stop the Raid.'' This Republican 
Congress has committed itself to protecting every dime of Social 
Security.
  Unfortunately, Mr. Speaker, the President wants to spend the Social 
Security surplus. According to his most recent budget, he wants $1 
trillion in new government spending in the next 10 years. He can only 
do that, Mr. Speaker, by spending from the Social Security surplus.
  In fact, according to the Congressional Budget Office, his budget 
would spend $57 billion of the Social Security surplus next year alone.
  Mr. Speaker, we will seize this historic opportunity and we will, for 
the first time in over 30 years, restore the integrity of the Social 
Security trust fund and honor our children as they pay those taxes for 
grandma and grandpa's retirement and stop the raid on Social Security.

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