I have in my hand the budget submitted by the President of the United States in his State of the Union, and on page 366 it details the various outlays, receipts and surplus for the upcoming fiscal year and the ensuing four. However I also have in my hand the President's Social Security plan; and, lo and behold, the President's Social Security plan, delivered to the House with much ado and great fanfare, assumes a $50 billion reduction in discretionary spending for Fiscal Year 2000 as the predicate clause for this savings he is going to use to save Social Security. Fifty billion dollars. No suggestion of offsets. No suggestions of reality. No input from the Congress. Just a blanket $50 billion reduction in discretionary spending. I am confused, and apparently the President is, too.
Doug Ose: “I have in my hand the budget submitted by the President of the United States in his State of the Union, and on page 366…”
Editor's note · Context
Discussing the President's budget and Social Security plan during a House floor speech.
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