On the recordSeptember 25, 2000
this lockbox concept, as I understand it, is simply common sense. What we are saying is we do not mix our pension plan for retirement with our operating expenses that we use for roads and bridges and education and other congressional expenses. So what we are saying is we take the surplus of Social Security, of grandmother's retirement, and we put it in a lockbox so that it does not get mixed and mingled with other funds; and it is safe there so that her security, her retirement is safe. Now, what I do not understand, and my question to the gentleman from Georgia (Mr. Chambliss) is, why is it that Vice President Gore has led the opposition to this? Why is it that Tom Daschle and the gentleman from Missouri (Mr. Gephardt) and the Democrats have lined up against this?
Source
govinfo.gov




