Political Quotes

Jack Kingston: we hear a lot of fanfare about the budget and the surplus, and we hear that the deficit has been wiped out. When we take…

On the recordFebruary 26, 1998
we hear a lot of fanfare about the budget and the surplus, and we hear that the deficit has been wiped out. When we take a close look at this, we find the only reason why we can say the budget is balanced is because we take $100 billion in Social Security surplus and apply it to the general fund. Now, if we take that out of there, there is still a deficit; that we are still spending more money than we bring in if we pull Social Security out of it. The reason why this is important is I agree with those who want to put Social Security first. I think it is very important to preserve Social Security, to protect it and to separate it from the rest of the group of money. But the President, as we know, has proposed over $100 billion in new spending. Now, is it not coincidental that we have a $100 billion surplus in Social Security and the President is pushing $100 billion in new spending? It is total fraud. We are not putting Social Security first. We are not protecting it when we are saying let us go out with a whole bunch of big government spending programs. I think we should be truthful and honest with America's seniors, protect Social Security and not increase government spending.
Said by
Jack Kingston
Georgia

Editor's note · Context

Discussing the implications of using Social Security surplus in the federal budget.

Share

More from Jack Kingston

Feb 23, 2017

That's what base republicans called Barack Obama. I think that's partisan rhetoric. I don't think it's accurate at all.

transcripts.cnn.com
Mar 29, 2017

The left has kept saying all along, why didn't the president just call, pick up the phone and ask the FBI or the Justice Department if he was being wiretapped.

transcripts.cnn.com
Apr 13, 2017

Well, I have to say this, number one, the American people always have the right to question the work habits and the work venues of anybody who's elected to office.

transcripts.cnn.com

Other voices in this conversation