I rise today to support a Democratic administration that has brought us from very large deficits to large surpluses and to say that the next step is to protect Social Security and Medicare and pay back the Social Security Trust Fund. We are not really out of debt until we do that. Mr. Speaker, if we cannot pay off the national debt when we have a surplus, when will we do it? Never. Mr. Speaker, this is a test of the current Congress. Are we going to continue fiscal responsibility or go back to the spending and the deficits of the 1980s? I stand to support Social Security, Medicare and paying off the debt. If we do that, we put real dollars back into people's pockets by lowering interest rates, which means our mortgages, our credit cards, our car payments go down. Mr. Chairman, we need to bring down the debt and protect Social Security and Medicare for future generations, and I call on my colleagues to join us in doing that.
On the recordMarch 3, 1999
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govinfo.govEditor's note · Context
Addressing the importance of fiscal responsibility and protecting Social Security and Medicare.
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