[Congressional Record (Bound Edition), Volume 145 (1999), Part 3]
[House]
[Page 3924]
[From the U.S. Government Publishing Office, www.gpo.gov]




                         SAVING SOCIAL SECURITY

  (Mr. SMITH of Michigan asked and was given permission to address the 
House for 1 minute and to revise and extend his remarks.)
  Mr. SMITH of Michigan. Mr. Speaker, a moment on Social Security. I 
think we are moving ahead very quickly. The challenge is still that the 
Democrats and the Republicans should not demagogue our efforts to try 
to save Social Security.
  A decision was made last week with the Republicans that we are going 
to set aside 100 percent of the Social Security surplus.
  I have a bill that I introduced last January. I invite the 
cosponsorship of Republicans and Democrats. Let me just briefly tell my 
colleagues what that bill does.
  It says that we are going to lower the public debt. We are going to 
pay off the debt to the public for every dollar that comes in in 
surplus from Social Security until we use that money, the Social 
Security surplus, to save Social Security. It is important that we move 
ahead, and it is important that we work together in a bipartisan 
effort.

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