ironically, I came to the floor to talk about some of Vice President Gore's proposals, specifically in the areas he is spending money. The fact he has created this Pyrhhic lockbox--not Pyrhhic, this mystical lockbox he is claiming for the extra surplus which has been identified under the new budget estimates, which is mystical because he has already spent the entire surplus plus whatever would occur as a result of the increased estimates on the surplus. In fact, according to the Budget Committee, he spent under the high estimate almost $1 trillion more than the surplus. As a result, he is significantly invading the Social Security accounts. But having listened to the Senator from Massachusetts, I do not believe his words can go unanswered because he has, first, made a number of statements which are inaccurate about Governor Bush's proposals on the drug plans for seniors and, second, I think he has put forward the basic premise of the debate between the two parties on the issues that should be answered.
Judd Gregg: “ironically, I came to the floor to talk about some of Vice President Gore's proposals, specifically in the areas he is…”
Editor's note · Context
Discussing Vice President Gore's budget proposals and their implications for Social Security.
Share
More from Judd Gregg
I think in order to get Republican buy-in on further revenues you are going to have to do policy changes in entitlement accounts that bend the curves in the outyear in a very substantial way, and make it clear that those accounts are…
In the end, you have to pay the debt ceiling because otherwise the government can't function, and the effect of that would be catastrophic.
To those still in denial, or even advocating steps that would make our debts even higher, please reconsider.
But there is no question that if you are going to address this issue in a way that has substantive impact on the future of our Nation, the prosperity of our children, and our standard of living, it is the second 10 years, and the third 10…