[Congressional Record (Bound Edition), Volume 145 (1999), Part 17]
[House]
[Page 24186]
[From the U.S. Government Publishing Office, www.gpo.gov]



              PRESIDENT IS GOING TO VETO FOREIGN AID BILL

  (Mr. KINGSTON asked and was given permission to address the House for 
1 minute and to revise and extend his remarks.)
  Mr. KINGSTON. Mr. Speaker, I am still confused. The President said in 
January, let us put Social Security first. So, taking him for his word, 
the Republican conference says, we agree. We will reserve House 
Resolution 1, the first bill of the legislative session, for 
consideration for the President's Social Security reform package.
  Well, that was in January. Here we are in October. No bill, no 
legislation, nothing from the President on Social Security protection.
  Here is what we do have. He said he wanted to protect 62 percent of 
the Social Security Trust Fund. Republicans want to protect 100 
percent. He said he is against the lockbox. The lockbox works the same 
way as a security deposit box in the bank works. They put the money in 
there and then nothing can get out. But the President is against that.
  Now we find out he is going to veto the foreign aid bill because he 
wants to spend more money but the only surplus that is left is Social 
Security.
  So I am really confused now. The President is going to veto foreign 
aid so he can spend at its current level, so he can spend Social 
Security dollars in foreign countries. It does not make sense, Mr. 
Speaker.

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