Angie Craig: “I feel compelled to rise one more time to discuss how the Social Security trust funds would be treated under the…”

“I feel compelled to rise one more time to discuss how the Social Security trust funds would be treated under the balanced budget amendment, Senate Joint Resolution 1. Unfortunately, day after day, we hear reference made to what the Congressional Research Service supposedly said about this subject. It is about time to put these issues to rest, once and for all. Therefore, Congressman Charlie Stenholm and I submitted several more questions to CRS. We asked CRS to compare, in several areas, the impact of two different kinds of balanced budget amendments: One that excluded Social Security from budget calculations, as several amendments to Senate Joint Resolution 1 would have; and one that counts all Federal spending in the budget, as does Senate Joint Resolution 1 as reported.”