Political Quotes

On the recordSeptember 24, 1998
this Congress made a commitment to save and protect Social Security for the future. It is one of the most successful domestic programs that has ever been created, but now, according to my Republican colleagues, we have a surplus, which means that we can then provide a tax cut, while at the same time continue to hide the real deficit with Social Security funds. To make matters worse, it is estimated that the proposed tax cut would benefit mostly those who earn over $100,000 a year. To spend this illusionary surplus is wrong. We need to remove Social Security from the budget and pay down the national debt. Let us be honest, we do not have a surplus if we do not include Social Security in the budget. What we have is borrowed money from the Social Security trust fund, and this money will have to be paid back-- every penny of it. This surplus should go to the Social Security trust fund and not a tax cut, because there is no surplus.
Said by
Al Green
Democratic · Texas

Editor's note · Context

Discussing the implications of proposed tax cuts on Social Security funding.

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