Political Quotes

On the recordApril 13, 2000
I have been on the Committee on the Budget for a full 7 years. This is my eighth year. This will be only the second budget that we have passed on time by April 15 during that time. In fact, in the total history of the Committee on the Budget, this will only be the third time that we have passed a timely budget resolution. So I would like to compliment the Committee on Rules, certainly the gentleman from Ohio (Mr. Kasich) on the Committee on the Budget. If we look at where we were 7 years ago, we were looking at deficits as far as the eye could see, between $200 billion and $300 billion a year. We have come a long ways. We made the decision last year that we are not going to spend any of the social security trust fund surpluses on anything except social security. This has been a huge change, huge progress. We have agonized as we have tried to hold down spending to make sure ultimately that our kids and grandkids are not going to be saddled with a huge burden of Medicare and social security. If there is one disappointment in this budget, it is that we could not get leadership from the White House to move ahead on social security reform.
Said by
Nick Smith
Republican · Michigan

Editor's note · Context

Discussing the budget process and the importance of social security reform.

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