Political Quotes

On the recordApril 27, 2005
that is true and certainly in an accounting system, no one would approve an accounting system where the assets that are coming in are going to have to meet future liabilities without also accounting for those future liabilities. If you can reduce a 10 or 11 or $12 trillion liability to a $2 trillion transition, that you incur as a transition, what you have done is overall reduced liability to our children and grandchildren. That is an excellent point. Mr. Speaker, I yield to the gentleman from Indiana (Mr. Chocola).
Said by
ANNE M. NORTHUP
Kentucky
Source
govinfo.gov

Share

Share on XShare on FacebookEmail this quote

More from ANNE M. NORTHUP

Mar 7, 2001

I am angry, too. I am angry that we had a good idea in 1990 and 1992. Libby Dole and other Republicans encouraged an ergonomics standard, but what we have had over the last 8 years is an absolute tone deaf Labor cabinet that was going to…

govinfo.gov
Jun 20, 2000

as a relative newcomer on the block in Washington, people ask me all the time in my district if it seems different to be in Congress, if Washington is different, if it is different than our State legislatures, if it is different than our…

govinfo.gov
May 11, 2005

tonight we are eager to talk about Social Security and to talk about what it means to this country, to our seniors, to those that are about to be seniors and to our younger generations, our children, our grandchildren who will support the…

govinfo.gov
Apr 27, 2005

I thank the gentleman; and I want to yield to the gentleman from Indiana (Mr. Chocola) to also discuss the trust find and why we cannot wait and depend on the trust fund. {time} 2145

govinfo.gov
View all ANNE M. NORTHUP quotes

Other voices in this conversation