Dan Crenshaw: “today, I am proud to join my colleagues in strong support of the Social Security and Medicare Lockbox Act. We have a…”

“today, I am proud to join my colleagues in strong support of the Social Security and Medicare Lockbox Act. We have a surplus of $5.6 trillion. And, $2.9 trillion of that surplus is money that people expect to be there for them when they apply for their Social Security and Medicare benefits. For the past several years, Congress has locked these trust fund surpluses away through sound fiscal management, despite the absence of a passed lockbox bill. But the American public understands that passage of actual lockbox legislation is a solemn pledge between the Congress and the people that we will not touch those surpluses. And, we should make that pledge to our constituents. Given the strength of the non-trust fund surplus--$2.7 trillion--we can well afford to do this and still meet the other needs of our constituents--providing them with much needed tax relief, paying down the debt, and reinvesting in important priorities like defense and education. I am proud to be an original cosponsor of this legislation, and I urge my colleagues to pass H.R. 2 with a strong bipartisan vote.”