Political Quotes

On the recordApril 12, 1999
Mr. Speaker, it is easy to hoodwink people who might be listening when we are sort of listening superficially, but I think it should be very clear that the Democrat proposal does not do anything more to save social security than the Republican proposal. Members can say, well, here is scoring, and here is that. The fact is that we are going to have to come up with the same money to save social security with the Democrat proposal by saying, look, we are either going to cut other spending or we are going to increase taxes someplace. In fact, the Democrats' proposal implies that we are going to have to increase more taxes to save social security. Look, this is historic. Both sides of the aisle should be supporting this budget, because for the first time in history, for the first time in at least recent history, in the last 40 years, we do not spend any of the social security trust fund money for other government programs. Let me say it again, none of the social security surplus money is being spent for any other government spending. That is what this Chamber has been doing for the last 40 years. That is what has added to the predicament of social security and Medicare. No tax cuts from social security surpluses next year. That is historic, also.
Said by
Nick Smith
Republican · Michigan

Editor's note · Context

Discussing the implications of budget proposals on Social Security during a House floor debate.

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