I certainly feel that he has accurately identified a problem that we face in this country: How do we deal responsibly with the Social Security Trust Fund and our obligations or the obligations which will be due from that trust fund in the years ahead? Although all of us, I think, would agree that the tax cut proposal that is being considered or has been considered in the Committee on Ways and Means is a moderate proposal and that it distributes benefits equitably among the American people, the really difficult question is at what stage should we implement this proposal? Should we implement it when we borrow from the Social Security Trust Fund yet to balance the budget, or should we postpone the implementation of a proposal of that type until after we know that we no longer need to use the Social Security Trust Fund to balance the budget?
David Minge: “I certainly feel that he has accurately identified a problem that we face in this country: How do we deal responsibly…”
Editor's note · Context
Discussing Social Security and budget policy tax-cut issues.
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