Gene Taylor said "But, please, the American public needs to know we are not there yet. I agree with the gentleman that we have a huge surplus that we are spending on government spending. But if we take all the spending and all the tax revenues, then we are in surplus. I want, as the gentleman wants, I am sure, I want to make it a true balanced budget by taking the Social Security surplus and not spend it on government spending. If the gentleman will work with me, I guarantee we will come up with a budget that will accomplish that. I think I have the credibility to do that." @ PoliticalQuotes.com

On the recordApril 23, 1998

But, please, the American public needs to know we are not there yet. I agree with the gentleman that we have a huge surplus that we are spending on government spending. But if we take all the spending and all the tax revenues, then we are in surplus. I want, as the gentleman wants, I am sure, I want to make it a true balanced budget by taking the Social Security surplus and not spend it on government spending. If the gentleman will work with me, I guarantee we will come up with a budget that will accomplish that. I think I have the credibility to do that.

Said by

Gene Taylor

Mississippi

Source

govinfo.gov

Editor's note · Context

Discussing the need for a true balanced budget and the use of the Social Security surplus.

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