this week we know two things we did not know last week. First, Republicans are setting aside more money for Social Security than the President is in his budget. Second thing we know is that the President's budget numbers do not add up. In fact, the numbers are so wrong that no one is defending them. The nonpartisan Congressional Budget Office, or CBO, found that they have not seen such double counting since the White House wacky plan to use sampling and educated guesses for the census. Mr. Speaker, the President's spending numbers are pure fiction. His Social Security numbers are even worse. How does one take seriously a plan that double counts to the tune of $2.4 trillion? Even Newsweek and the Washington Post are having a good laugh about that. Unfortunately, the retirement security of seniors should not be subject to phony numbers and accounting gimmicks that even Orange County, California could not get away with. Let us put the trust back in the Social Security Trust Fund.
Mark Kelly: “this week we know two things we did not know last week. First, Republicans are setting aside more money for Social…”
On the recordMarch 16, 1999
Source
govinfo.govEditor's note · Context
Addressing concerns about the President's budget and its impact on Social Security.
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