Joe Cunningham: “regardless of what both sides are talking about in terms of numbers and fixes, there should be certain principles. The…”

“regardless of what both sides are talking about in terms of numbers and fixes, there should be certain principles. The American people are taxed too high, both on the high end and on the low end of the spectrum. In 1993, when my colleagues on that side controlled the White House, the House and the Senate, they increased the tax on Social Security in their tax bill. They also spent every single dime of the Social Security Trust Fund, and now they argue that they want to save it. They also spent every dime out of the Medicare trust fund for great socialized spending, which drove this Nation deeper and deeper in debt. In 1994, when we took the majority and said, we are going to save Medicare, and we did, some joined us, but most, including the Democrat leadership, fought everything against a balanced budget and welfare reform and Social Security lockbox, because it eliminated their spending. The principle is that the American people are taxed too much; we want to give some of their money back. It is not our money.”