I want to elaborate on the point he has made on how incredibly important it is that we have accomplished something so significant, and it has to be heralded. That is that we have not only been able to do economically what the gentleman has suggested, balance the budget far before we thought we were ever going to be able to, not raid the social security trust fund, but we have done something more important than that, I would suggest. We have actually changed the way people think and talk about the social security fund, trust fund. Before, as the gentleman knows, since 1965, actually, or 1964, it was an accepted practice around here to spend all of the money that came in as a result of social security, FICA taxes, to spend it on government programs, not put it away for social security but spend it on welfare, and spend it, well, not all that much on the military, because that actually went down in the last few years, but spend it on programs. But now we have the other side fighting on our turf. This is an enormous accomplishment.
Tom Tancredo: “I want to elaborate on the point he has made on how incredibly important it is that we have accomplished something so…”
Editor's note · Context
Discussing the significance of balancing the budget and changes in social security funding practices.
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