Political Quotes

On the recordJune 22, 2005
recently some Senate Republicans have unveiled a proposal to dedicate the Social Security surplus to private accounts. Having worked in an administration that not only proposed saving Social Security first, but having dedicated the Social Security surplus funds to strengthening the system, I assume that this new idea has some concepts of how to pay back the $800 billion that has already been taken out of the surplus over the last 6 years. All of a sudden we have discovered we are going to dedicate the Social Security surplus to Social Security. I welcome their new-found conviction, but I assume it also includes an idea of how to pay back the $800 billion that we have already diverted from the surplus already diverted from Social Security. What I did not read is how they are going to do that. The Democratic position has been consistent since 1998: Save Social Security first. The President lacks a plan on how to do that. The half-baked plan being touted in the Senate fundamentally misses the goal here, which is to strengthen Social Security. Mr. Speaker, the American people are not fools. They have rejected the President's proposal for privatization, and they will undoubtedly reject this new proposal. People like the security that comes with Social Security. ____________________
Said by
Rep. Rahm Emanuel
Illinois

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