Political Quotes

Bill Archer: Mr. Speaker, I would once again point out that the term ``raiding the social security trust fund,'' which obviously is…

On the recordSeptember 25, 1998
Mr. Speaker, I would once again point out that the term ``raiding the social security trust fund,'' which obviously is programmed to be in each of the Democrats' presentations, is completely and totally false, and it is reprehensible that it continues to be used on the floor of the House. Members should be well aware that it is not the case. But I guess if they say it enough, long enough, maybe some people may believe it. The gentleman, who is a very good friend of mine, again, and whom I respect personally, also said that we were locking up 90 percent of the social security trust fund. That is false. I would suggest that the Members on the other side read the bill. The gentleman from New York (Mr. Rangel) cosponsored it, other than the change from 100 to 90 percent. The bill does not say that. It says, ``A projected surplus will be set aside.'' Let us try to be accurate in what we say.
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Bill Archer
Texas

Editor's note · Context

Addressing claims about the social security trust fund during a House floor debate.

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