Mr. Speaker, I am going to give, if you will, a short lecture on what I consider one of the most important topics of the day, and that is Social Security. I put the first poster up here, ``no new taxes.'' Because if we do nothing, then it almost mandates that we are going to yet again increase taxes Social Security taxes on American workers to pay for the benefits that we have promised. I entered Congress in 1993. And actually, while I was still chairman of the Senate Finance Committee in the State of Michigan, I wrote my first Social Security bill and I introduced it when I came down here. I have introduced a Social Security bill every session since. So my last three Social Security bills have been scored by the Social Security Administration to keep Social Security solvent for the next 75 years without any tax increases and without any cuts in benefits for seniors or near-term retirees. I was named chairman of the Bipartisan Social Security Task Force from the Committee on the Budget.
Editor's note · Context
Discussing the importance of Social Security and tax implications during a floor speech.
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