[Congressional Record (Bound Edition), Volume 151 (2005), Part 10]
[House]
[Page 13516]
[From the U.S. Government Publishing Office, www.gpo.gov]




                         SOCIAL SECURITY REFORM

  (Mr. PENCE asked and was given permission to address the House for 1 
minute and to revise and extend his remarks.)
  Mr. PENCE. Mr. Speaker, Social Security reform is an idea whose time 
has come. And thanks to the leadership of President George W. Bush, we 
are engaged in a national conversation about addressing the long-term 
21st century challenges that the Social Security system faces when some 
40 million retirees become 80 million retirees.
  The American people, candidly, Mr. Speaker, have not agreed on what 
the right thing to do is yet. But most of my constituents know that we 
ought to stop doing the wrong thing. It has simply been wrong these 
last 4 decades for the Congress of the United States to take the Social 
Security surplus and apply it to spending on big government.

                              {time}  1030

  We need to stop raiding the Social Security trust fund. Use those 
resources to give younger Americans voluntary personal savings accounts 
and that will begin the reform of this critical entitlement. Let us 
stop the raid on the Social Security trust funds. Let us give younger 
Americans more choice. It is time to reform Social Security. Let the 
debate begin.

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