On the recordJune 22, 2005
Social Security reform is an idea whose time has come. And thanks to the leadership of President George W. Bush, we are engaged in a national conversation about addressing the long-term 21st century challenges that the Social Security system faces when some 40 million retirees become 80 million retirees. The American people, candidly, Mr. Speaker, have not agreed on what the right thing to do is yet. But most of my constituents know that we ought to stop doing the wrong thing. It has simply been wrong these last 4 decades for the Congress of the United States to take the Social Security surplus and apply it to spending on big government. {time} 1030 We need to stop raiding the Social Security trust fund. Use those resources to give younger Americans voluntary personal savings accounts and that will begin the reform of this critical entitlement. Let us stop the raid on the Social Security trust funds. Let us give younger Americans more choice. It is time to reform Social Security. Let the debate begin. ____________________
Source
govinfo.gov




