[Congressional Record (Bound Edition), Volume 145 (1999), Part 16]
[House]
[Page 23106]
[From the U.S. Government Publishing Office, www.gpo.gov]



                TAX CUTS VERSUS SOCIAL SECURITY SURPLUS

  (Ms. WOOLSEY asked and was given permission to address the House for 
1 minute and to revise and extend her remarks.)
  Ms. WOOLSEY. Mr. Speaker, we are hearing rhetoric from the other side 
of the aisle that should make them ashamed of themselves for trying to 
deceive the American public. Because the truth is the Republicans had 
every intention of using the Social Security surplus to pay for their 
trillion dollar tax cut.
  I have some news for all of my colleagues. No one was fooled by it. 
And it is also no secret that the Republicans have already spent $30 
billion of the Social Security monies before we even start debating the 
rest of the spending bills. And now they are scrambling to use every 
budget trick in the book to pretend otherwise.
  Well, I am here to tell my Republican friends that it just will not 
work. The people in this country know better. I applaud the President 
for vetoeing the Republican payoff to their wealthy contributors and 
preventing the majority party in Congress from dipping into the Social 
Security surplus even further to fund what they consider the most 
important benefit of this country, tax breaks to the very wealthiest 
people, the top 1 percent.

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