the fact that the first piece of legislation this new body is considering is a firefighting bill helps demonstrate the esteem with which the Congress holds the Nation's firefighters. This bill, which corrects an inequity in the mandatory…
Nick Smith
The Public Record
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…
I heard again yesterday Mr. Gore's attack on Governor Bush; that he was spending over the next 10 years the same $1 trillion twice, once to start up an investment account so that retirees could end up with more money, and once on Social…
Social Security has really come to light, so I am going to spend 5 minutes talking about Social Security, the problem and the potential solution, and what the presidential candidates are doing in their suggestions to help resolve this…
This represents the bleak future of Social Security. Because of the substantial tax increase on American workers, the FICA tax increase in 1983, there is now more money coming into Social Security than is needed to pay out benefits. And…
I wanted to address what I think is one of the important issues in this election, and I would hope everybody all over the country would ask the candidates that are running for the United States Senate, or for the U.S. House of…
I considered myself an interpreter. I apologize for any infraction. Let me start out with these charts. Social Security Benefit Guaranty Act. When Franklin Delano Roosevelt created the Social Security program over 6 decades ago, he wanted…
Mr. Speaker, this Chamber passed the bill. It has languished over in the Senate. With the Vice President's help, I am sure we could get it through the Senate Chamber. The diminishing return of your Social Security investment. The average…
I rise tonight to discuss Social Security. It is going to be almost like a professor lecturing a class. So everybody that is interested in Social Security should listen up. Those that are not interested in Social Security should be because…
Seventeen young crew members in the U.S. Navy were serving their country. In an instant, their lives were taken as a result of this terrorist attack on the U.S.S. Cole. Of those killed, most were young. Most came from our typical American…
If we do not get a better return on the investment, we are in for real problems. Governor Bush has suggested that we have some real investment that stays within Social Security; that is not going outside of the Social Security system, but…
But I certainly hope the other provisions that are so important, such as the discharge of those debts owed in child support, et cetera, somehow need to be corrected. But, yes, I have introduced such a bill. It is very important to farmers…
I think this legislation is very important and it is so important that we move ahead and send it to the President. I became interested and concerned with bankruptcy laws when I became chairman of the Michigan Senate Agricultural Committee…
a lot of problems face this country and certainly face our administration. One of those problems is keeping Social Security solvent. This affects everybody, not only existing retirees, but the young, middle age and future generations. What…
this is good news, I think, for people that are concerned with Social Security. Social Security is one of America's most important programs. I think we have missed a great opportunity in the last 8 years not to develop the kind of policy…
I was very upset last night with some of the comments on Social Security. The Vice President has got a plan that I think does not solve the huge problem of keeping Social Security solvent. The biggest risk is doing nothing at all. Social…
the American taxpayer is making a considerable investment in research through the spending of Congress and the President. Part of the research that I am particularly interested in is the basic plant genome research. Current sequencing…
encouraging savings and investment and not leaving our kids and our grandkids with a huge mortgage is a reasonable combination in this piece of legislation. On September 13, the President said, in regard to paying down the debt, and I…
it was my understanding when this bill went through the Committee on Ways and Means, they put a 4.3 cent tax on the diesel fuel used by railroads, and somehow in this clean bill it is no longer there. It was several years ago as part of…
in behalf of this House, we welcome the Honorable Bill Broomfield to this Chamber again, to his old stomping grounds. Bill helped me when he was first elected to office in 1957, in his first year, and he helped me again in his last year in…
over the last month, I held many town hall meetings, meetings with constituents across the 7th Congressional District of Michigan. Two priority issues that seem to come from those meetings as a message to me to bring back to Washington was…
in behalf of this House, we welcome the Honorable Bill Broomfield to this Chamber again, to his old Chamber. Bill helped me when he was first elected to office in 1957 when he first came in, and he helped me again in his last year in 1992…
The increased tax on Social Security benefits passed in 1993 was for the purpose of reducing deficit spending, even though the money of the tax was earmarked for Medicare. As far as its justification for deficit reduction, it is…
it is the best of times and the worst of times. In 1993, it was somewhat the worst situation in this country in terms of overspending and debt. We had a $250 billion deficit every year, as far as the budgeters could project. Earlier this…
I am excited about this, Mr. Chairman. I would ask the chairman if he would consider looking at the Senate language in this amendment and consider the potential and the appropriateness of moving ahead in this area of doing something in the…





