this commission by its very design is about analysis and discussion now, leading to legislative action later, hopefully in 1999. Now, the motion to recommit will put present meaning to a bill that is otherwise merely about future action. Let us agree, and let us agree across this partisan aisle that today we make the commitment jointly that the surplus will be preserved for Social Security. What a wonderful opportunity this surplus presents to us to show the country how seriously we hold Social Security and our resolve to do something meaningful for the long-term security of this vital program. Protect the surplus. Dedicate the surplus. Hold the surplus for Social Security. Let us face it, the great majority of us in this body have never seen a surplus. The first one we have had since 1969 and, oh, the things we would love to do with it, the investments we would like to make in highways and other things, the tax cuts, the many ways we could devote this surplus. Some would even like to begin to move to individual accounts on Social Security this year with the surplus. But let us forestall those plans. In direct accord with the bill introduced by Chairman Bunning and cosponsored by seven Republican Members, this motion to recommit takes the Archer bill and makes only one change to it, an addition; that addition, committing this Congress to holding the surplus for the future of Social Security.
On the recordApril 29, 1998
Source
govinfo.govEditor's note · Context
Discussing the importance of preserving the budget surplus for Social Security.
Share
More from Earl Pomeroy
Feb 1, 2012
In May 2010, Senator Casey introduced S. 3157 under the title of Create Jobs and Save Benefits Act of 2010.
May 27, 2010
I rise in support of amendment No. 23, which reauthorizes the Joint Family Support Assistance Program. This program has been providing critical support to the unsung heroes of the global war on terror, the families left behind of deploying…
Feb 9, 2009
last month the employment of George W. Bush came to an end. Unfortunately, so did the jobs of nearly 600,000 Americans, hardworking men and women hit in every sector of our economy, thrown out of work in the toughest recession to hit our…





