now that my colleagues on the other side of the aisle have finished beating up on the President, perhaps we can deal with the real business of America. The most important issue facing us is what to do about Social Security. We will hear my colleagues talk about big government and bad government, but the reality is that it was the government and the Democrats in Congress who gave us Social Security. We need to take strong steps to ensure its solvency. The Democrats, along with President Clinton, have laid out a reasonable framework which says we will save the surplus for Social Security. Sixty-two percent of the surplus should go to preserving Social Security through the year 2055. In addition, we want to save Medicare. We want to take an additional 15 percent of the surplus to make sure that Medicare remains solvent through the year 2025. We have put forth on the table a framework for addressing the problems that really confront America, addressing the problems of our growing senior citizen population. On the Republican side, they are still trying to figure out what they want to do on tax cuts, tax cuts for the very wealthy. We can spend money on our seniors or we can spend it on the very wealthy.
Editor's note · Context
Discussing the importance of Social Security and Medicare during a floor speech.
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