the priorities of this budget should be setting aside the social security surplus. We set aside every penny of the social security surplus for the third year in a row. This was first proposed last year by Republicans in response to the President's suggestion that we should spend 40 percent of the social security surplus. That is simply wrong. We set aside $40 billion to put together not just prescription drug coverage, but coverage that includes reforms that protect the options and choices of those senior citizens that currently have prescription drug coverage. We are on a glide path to pay down the debt by 2013. We also have over $1 billion that is focused toward the special education mandate that burdens cities and towns across the country. We also have the kinds of tax fairness that the previous speaker suggested that he supported: eliminating the marriage penalty, getting rid of the social security earnings test, getting rid of death taxes for millions of our citizens. Of course, we promote a strong national defense.
Chris Sununu: “the priorities of this budget should be setting aside the social security surplus. We set aside every penny of the…”
On the recordApril 13, 2000
Source
govinfo.govEditor's note · Context
Discussing budget priorities, including Social Security surplus and funding for Medicare and education.
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