Bill Nelson: “I rise in support as a cosponsor of the amendment offered by Senator Bayh and other colleagues to create a ``Trust Fund…”

“I rise in support as a cosponsor of the amendment offered by Senator Bayh and other colleagues to create a ``Trust Fund Protection Trigger.'' this amendment is simple. This amendment would keep us honest. It would prevent us from raiding Social Security and Medicare Trust funds. As long as specified debt reduction targets are met, the phase in of tax cuts continue as scheduled. This amendment to the tax cut reconciliation bill would create a safety mechanism to address the danger of fiscally irresponsible tax cuts or federal spending leading our nation back to a period of budget deficits. We must make sure we continue paying down our national debt and protecting Social Security and Medicare.”