Political Quotes

On the recordJune 22, 2005
today some Members of the Republican Party, House and Senate, unveiled a proposal to use a surplus in the Social Security trust fund for private accounts. And they said that in their words, we are going to keep the Social Security surplus Social Security. Well, that is interesting. For the last 3 years my colleagues on the other side said there was never ever a surplus in Social Security; there were no accounts in Social Security. In fact, just a month ago or a little more than a month ago, the President of the United States went to West Virginia, unveiled an old filing cabinet, if I am using his words correctly, and said, look at it. That is the Social Security surplus. As I quote him, and this is the President, ``There is no Social Security trust fund. Just IOUs stacked in a filing cabinet.'' All of the sudden now they want to say they have discovered there is a surplus in Social Security. Well, to tell you the truth, we have always known there was a surplus in Social Security. In fact, the Republican Party over the last 5 years has taken $650 billion out of the Social Security trust fund. And now they want to act like recent converts that we are going to keep the surplus for Social Security. Democrats have said for well over 70 years, and as recently as 1998, save Social Security first. Do not go waste it on tax cuts for the wealthy. Do not waste that money. It is dedicated.…
Said by
Rep. Rahm Emanuel
Illinois

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