On the recordMarch 8, 2001
I rise this afternoon to strongly support the Conrad amendment that is before us which would create a lockbox for Social Security and for Medicare. As a member of the Budget Committee, I have watched and listened to the proposals of the administration as they relate not only to the tax cut before us but the spending priorities. I listened on the evening of the State of the Union to a variety of proposals, all of which sounded very good. In fact, in some cases sitting there knowing our fiscal constraints, it sounded too good to be true. I find as a member of the Budget Committee looking at the details now that, in fact, it was too good to be true, and the budget that has been proposed proposes to use all of the Medicare trust fund and a portion of the Social Security trust fund in order to balance this budget. There is still a question about whether or not it adds up.
Source
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