Political Quotes

Joe Cunningham: no fights, just facts. In 1993, I mentioned that the Democrats raised Social Security taxes. We did away with that. They…

On the recordOctober 19, 2000
no fights, just facts. In 1993, I mentioned that the Democrats raised Social Security taxes. We did away with that. They took every dime out of the Social Security trust fund. Republicans put it into a lockbox. Al Gore was the deciding vote to take the money. Every budget that Clinton-Gore sent us stole the money out of the Social Security trust fund. Now he is saying, oh, I want a Social Security trust fund. The middle class tax that they increased, we gave it back in a $500 deduction. We gave IRAs for school education. That was a ``tax break for the rich,'' and the liberals fought against it, tooth, hook and nail; but we gave it. We gave middle class tax relief. If you take a look at the veterans' COLAs that they cut, we rescinded that. We gave back the veterans' COLAs. The military active duty COLAs, we gave back. Not a single one of the White House budgets or economic policies have passed either the House or Senate. So when they claim credit for the economy, the 1993 bill, we rescinded it, and none of their bills passed since. Those are the facts.
Said by
Joe Cunningham
South Carolina

Editor's note · Context

Discussing tax policy and Social Security during a floor speech.

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