Political Quotes

On the recordJuly 12, 2011
Social Security didn't create the deficit, but America's seniors are being presented with a fake Social Security crisis to try to trick them into accepting reduced benefits. Social Security will be able to pay 100 percent of its benefits through 2037 without any changes whatsoever. So why the panic today? If seniors accept cuts in Social Security benefits today, a surplus cash flow will build in the Social Security Trust Fund. According to CRS, ``Social Security's cash surpluses are borrowed by the U.S. Treasury and can be used for tax cuts, spending, or repaying debt.'' So here's what's going on: Social Security benefit cuts or an increase in taxes paid to Social Security or extending the retirement age will give the government more money for tax cut spending or repaying the debt, except for one thing: Social Security money belongs to those who have paid into the fund. It's not the government's money to use, and it shouldn't be the government's money to play with. Senior citizens should not have to accept a reduced standard of living to finance tax cuts for the rich. We must take a stand for senior citizens and protect Social Security and protect future generations from this raid on Social Security funds. ____________________
Said by
Dennis Kucinich
Independent · Ohio

Share & report

More from Dennis Kucinich

Jun 5, 2012

I demand a recorded vote. The Acting CHAIR. Pursuant to clause 6 of rule XVIII, further proceedings on the amendment offered by the gentleman from Ohio will be postponed. Amendment Offered by Mrs. Blackburn

govinfo.gov
Jul 18, 2012

Can I ask the chairman of the full committee if he would enter into a colloquy for this? First of all, I want to acknowledge my friend from Washington for his commitment. This isn't the first time you and I have talked about this long…

govinfo.gov
Jul 19, 2012

My amendment is simple. It says, if you seek to be a Department of Defense contractor and you have previously defrauded the Federal Government, you shouldn't be able to receive a contract from the DOD. According to the Congressional…

govinfo.gov
Jul 25, 2012

I demand a recorded vote. The Acting CHAIR. Pursuant to clause 6 of rule XVIII, further proceedings on the amendment offered by the gentleman from Ohio will be postponed. Amendment No. 4 Offered by Mr. Welch The Acting CHAIR. It is now in…

govinfo.gov

Other voices in this conversation