Jack Kingston: “the Republican Party is working very diligently and very intensely with the Senate to try to protect social security. We…”

“the Republican Party is working very diligently and very intensely with the Senate to try to protect social security. We have a lot of concerns about the President's proposal, which only protects or earmarks 62 percent of the social security trust fund dollars for social security. Many of us believe that we should put 100 percent of social security dollars into social security and not spend it on any other program; not for roads, not for bridges, not for congressional salaries, not for anything else. We hope that we can get the President to come around to our way of thinking. We also feel that we need to pay down the debt. We have a debt of $5.4 trillion. Which costs the American families, on an average for a family of four, about $2,000 dollars a year. That is $2,000 for a college tuition, for house payments, for a nice vacation, for a car, whatever the need of the family is. Now it just goes to interest on the debt. It does not even pay down the principal. These are things we think the President's budget ignores. We want to put it on the table. We are working in that direction. I hope that the President will decide to join us.”