on Saturday, I was forced to choose between keeping my promise to provide additional tax relief to working families and my pledge that every penny of Social Security taxes should go only to Social Security. The Democrats' demagoguery rings hollow. For 40 years they raided the trust fund. All of this year's $80 billion surplus will go towards debt, not new programs. But there was a grain of truth to the arguments that they raised. Ending the marriage penalty and making Social Security solvent are not mutually exclusive. A compromise can be reached so that tax cuts can be phased in after our obligations to Social Security have been met. This could begin as early as next March. When Americans allowed Washington to take money from their paychecks to fund Social Security, they never told Washington to keep the change.
Gilbert Gutknecht: “on Saturday, I was forced to choose between keeping my promise to provide additional tax relief to working families and…”
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Discussing tax relief and Social Security funding during a floor speech.
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