Political Quotes

Robert Smith: “I wanted to at least address the Social Security thing which is already getting out of hand, the rumor that somehow…”

On the recordMarch 16, 1994
I wanted to at least address the Social Security thing which is already getting out of hand, the rumor that somehow Social Security is going to be destroyed. The facts are that we are already camouflaging, masking the budget. For instance, the deficit is supposed to be $223 billion this year. The Federal funds deficit is $336 billion. That is $113 billion more than the stated debt and that includes Social Security surpluses, as well as 149 other surpluses. The idea that balancing the budget actually saves Social Security and, if this House of Representatives wants to destroy Social Security, they can do so by vote, I am not going to do that. And I do not plan on it.
Said by
Robert Smith
Oregon
Source
govinfo.gov

Editor's note · Context

Addressing concerns about Social Security during a discussion on the federal budget.

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