On the recordSeptember 30, 1999
I am going to depart from my prepared remarks to try and set the record straight. We had a number of representatives from the other side of the aisle who have gotten up to say that our Republican spending plan would spend Social Security money. They have even shown newspaper articles to bolster their contention. The newspaper articles are wrong. They are wrong. Let me read again from a letter from the Congressional Budget Office dated September 30, that is today, to the Speaker. ``Dear Mr. Speaker: You requested that we estimate the impact on the fiscal year 2000 Social Security surplus using CBO's economic and technical assumptions based on a plan whereby net discretionary outlays for fiscal year 2000 will equal $592.1 billion.'' That is the Republican spending plan. ``CBO estimates that this spending plan will not use any of the projected Social Security surplus in the year 2000.'' Being a teacher, I know that repetition is the soul of learning, so let me say it again to my colleagues on the other side of the aisle: ``CBO estimates that this spending plan will not use any of the projected Social Security surplus in the fiscal year 2000.'' Do my colleagues get it?
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