[Congressional Record (Bound Edition), Volume 147 (2001), Part 5]
[House]
[Page 7343]
[From the U.S. Government Publishing Office, www.gpo.gov]



  URGING SOCIAL SECURITY COMMISSION AND ADMINISTRATION TO KEEP SOCIAL 
                   SECURITY SOLVENT FOR NEXT 75 YEARS

  (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, through you to the President's 
Commission on Social Security, I would suggest many of us are very 
concerned that we are going to review a proposal that might not keep 
Social Security solvent for the next 75 to 100 years.
  I think it is important that we urge the President, that we urge this 
Commission, to come back to this legislative body with a proposal that 
is going to at least keep Social Security solvent for the next 75 
years. Social Security is a pay-as-you-go program.
  It is going broke as we experience demographics that represent a 
decline in the birth rate and an increase in life expectancy. It is a 
good program for America. It is a serious problem. We need to protect 
Social Security.

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