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.
Bill Archer: “Mr. Speaker, I would once again point out that the term ``raiding the social security trust fund,'' which obviously is…”
Editor's note · Context
Addressing claims about the social security trust fund during a House floor debate.
Share
More from Bill Archer
If you do [away with the alternative minimum tax], you will do a service for the country.
Mr. Speaker, a little less than 2 months ago, the American people and this House spoke out overwhelmingly in favor of expanded trade with China. With broad bipartisan support, we passed a measure granting American workers, farmers, and…
Mr. Speaker, today we continue our commitment to end the death tax that haunts American families, farms and businesses. Today, we try to break the logjam created by yet another veto by a President who is determined to stonewall bipartisan…
If this bill does not pass, the FSC provisions that have been railed against by the opponents will continue to be in the law. None of that will change. What they call a subsidy, which is actually a reduction of the impediment of double…





