[Congressional Record (Bound Edition), Volume 145 (1999), Part 17]
[House]
[Page 25163]
[From the U.S. Government Publishing Office, www.gpo.gov]


[[Page 25163]]

     REPUBLICANS BALANCE THE BUDGET WITHOUT RAIDING SOCIAL SECURITY

  (Mr. HAYWORTH asked and was given permission to address the House for 
1 minute and to revise and extend his remarks.)
  Mr. HAYWORTH. Mr. Speaker, I would echo the comments of my colleague, 
the gentleman from North Carolina, and would call to the attention of 
this House, and by extension, the American people, the headline which 
appears in the New York Times today. I quote it: ``Budget Balances 
Without Customary Raid on Social Security.''
  Granted, Mr. Speaker, the Times tried to bury this on page A-18, but 
even the writer of the article says that this is enormous, this is of 
enormous import. Here is the reason why, Mr. Speaker. For the first 
time in 40 years, this Congress has balanced the budget without using 
social security funds. Indeed, there is a surplus of $1 billion.
  Now, Mr. Speaker, let us take a walk down memory lane. For those 40 
years, we had four Republicans in the White House and four Democrats, 
but also, for those 40 years, we had the liberals in control who spent 
100 percent of the social security surplus on an annual basis and drove 
us further into debt.
  Mr. Speaker, this is enormous news. We have balanced the budget, we 
have generated a surplus, and we have stopped the raid on social 
security trust funds.

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