Mike Capuano: “very simply, all day long we are going to hear a lot of talk about billions and trillions of dollars. I like to make…”

“very simply, all day long we are going to hear a lot of talk about billions and trillions of dollars. I like to make things simple for myself and for my constituents at home. If you take an average worker or maybe a married couple together making $50,000 a year, over the 6 years this budget deals with, both this year and the 5 years projected, they will spend, they will pay $37,200 in Social Security taxes, $37,200. However, under this budget plan, $11,328 of that money will not go into the Social Security trust funds. They think they are paying taxes for Social Security. It does not go there. What will they get in return for that $11,000? They will get an IOU put in. They will get a bill for interest to pay on the money that is been used to spend; and they might, I am not sure yet, they might get a promissory note sent to them by this Congress. Some people are proposing to send them a little note saying, Trust us; your Social Security taxes are okay. My constituents do not trust us. They should not trust us. We should leave their Social Security taxes alone in the trust fund that they wanted to have their money put into that they have been told. Working people deserve the truth. They are not getting it today. They will not get it with this budget. We should vote no.”