Christopher Shays: “our budget protects 100 percent of the Social Security surplus, 100 percent. It does it in the next year's budget just…”

“our budget protects 100 percent of the Social Security surplus, 100 percent. It does it in the next year's budget just as it is doing in this year's budget just as we did not spend any Social Security money last year. It strengthens Medicare with prescription drugs. We set aside $40 billion in the next 5 years. It retires debt, $1 trillion in the next 5 years. We have already retired $302 billion. It promotes tax fairness for families, farmers, and seniors. The GOP tax plan ends the marriage penalty, repeals Social Security earnings limit, reduces the death tax, expands educational savings accounts, increases health care deductibility, promotes tax breaks for poor communities, and strengthens private pension plans. We set aside $200 billion in the next 5 years, just 2 percent of the budget in the next 5 years. The Clinton plan came in with $96 billion of gross increases in taxes. The Republicans had zero. We do not have any taxes. The Clinton plan increases taxes $10 billion in the next year. We provide tax relief of $10 billion in the year. The Republican tax relief plan, over the next 5 years, $200 billion for the marriage penalty, the death tax, the educational savings account, health care deductibility, the community renewal, and pension reform. We set aside $50 billion in potential update. We want to make sure it is locked up for paying down debt or tax relief. We do not want it spent by the Democrats on the other side of the aisle.”