On the recordDecember 20, 2024
Mr. President, I just wanted to get up and explain why I will be voting against the passage of the Social Security Fairness Act a little bit later tonight. I am going to try to keep the volume down and maybe the frustration down a little bit more tonight than I did yesterday, but I thought it was important to again explain why sometimes the tough vote is the right vote. To kind of lay the groundwork, I am from North Carolina. I am up for reelection in November of 2026. I have heard some people walk up and down the hallway and say that they really oppose the bill, but they are up for reelection in 2028 or are up for reelection in 2030, and they are worried about the politics of it. I never worry about the politics when I am convinced in my heart of hearts it is the right decision, and let me explain why. The Social Security Fairness Act is trying to address what I think is an inequity and a problem. Unfortunately, it is doing it in a way that is at the expense of $200 billion out of the Social Security trust fund, without a dime offsetting it. Now, some of my fiscal conservative colleagues have said: Well, no, it is not really depleting it because it is the Social Security trust fund. So it is not adding to our debt. What they are forgetting is that when the Social Security trust fund becomes insolvent, the fairies don't come back and replenish the Social Security trust fund. We don't have trust fund fairies.…





