[Congressional Record (Bound Edition), Volume 148 (2002), Part 3]
[House]
[Page 3658]
[From the U.S. Government Publishing Office, www.gpo.gov]




             PROPOSED BUDGET OPENS SOCIAL SECURITY LOCKBOX

  (Mrs. THURMAN asked and was given permission to address the House for 
1 minute and to revise and extend her remarks.)
  Mrs. THURMAN. Mr. Speaker, I rise today to talk about Social Security 
and the President's budget. As we all know, the budget resolution is 
going to come to the House today, and I think it is very important that 
we highlight what the budget will do to Social Security.
  Not too long ago, I stood up here with over 400 of my Democratic and 
Republican colleagues and voted for a lockbox for Social Security. We 
made a promise to the American people that we would not spend any 
Social Security dollars on anything but Social Security.
  But, Mr. Speaker, that is just what the Republican budget resolution 
does. It spends $1.6 trillion of Social Security dollars to fund other 
things like the tax cuts. That is not my analysis, that is 
Congressional Budget Office analysis. Instead, we should be doing 
something to address the impending baby-boomer retirement.
  I invite my Republican colleagues to sit down with myself and the 
rest of the Democrats to develop a sound plan for the future of Social 
Security and the rest of the budget. We need a plan that preserves 
Social Security, not one that uses the money to fund other agenda 
items.

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