Over the next 5 years. A trillion dollars in paying down part of this publicly-held debt. Secondly, though, we have got this tax relief, and it does not threaten Medicare or Social Security. Social Security is protected in this bill. Medicare is not only protected but it can be enhanced with the prescription drug program. So I think what every American ought to know, when somebody says we want to have a tax cut and some politician says, oh no, it is going to threaten Social Security and Medicare, that that simply is not true. We provide for the strengthening of Social Security and Medicare right up front. And once we have done that, we then feel that we should have tax relief. And we also provide in this budget that if we pass this tax relief but it does not get signed by the President, that that tax relief, that money does not get used for more spending. That money does not get used for more spending. That money goes to pay down additional debt. So I think what every American ought to know is to be able to have this kind of a proposal before us this week is something that I think they ought to think about.
Editor's note · Context
Discussing tax relief and its impact on Medicare and Social Security during a budget debate.
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