[Congressional Record (Bound Edition), Volume 151 (2005), Part 4]
[House]
[Pages 5714-5715]
[From the U.S. Government Publishing Office, www.gpo.gov]




        PRESIDENT PARTICIPATES IN SOCIAL SECURITY CONVERSATIONS

  (Mr. KUCINICH asked and was given permission to address the House for 
1 minute and to revise and extend his remarks.)
  Mr. KUCINICH. Mr. Speaker, yesterday the President of the United 
States,

[[Page 5715]]

in a speech at West Virginia University at Parkersburg, said with 
respect to Social Security, ``There is no trust fund, just IOUs.'' On 
February 16, 2005, at a meeting in Portsmouth, New Hampshire, the 
President again made the claim that there is not a Social Security 
trust.
  Now, Mr. Speaker, the people of this country have a right to know 
that the money that is put into that Social Security trust fund is 
safe; and the President, with his remarks, has put that in question and 
in doubt.
  Two weeks ago, the Social Security Administration issued a report 
saying that all of the money there is backed by the full faith and 
credit of the United States. Do we no longer have faith in our 
country's financial obligations?
  This is the time for Congress to step forward and back H. Resolution 
170 that demands the President transmit information to the House 
backing up his claim that there is no trust fund.

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