Kay Bailey Hutchison: “I want to refute some of those remarks, especially the ones that referred to these counties in Texas, and give the other…”

“I want to refute some of those remarks, especially the ones that referred to these counties in Texas, and give the other side of the story. She attempted to show that municipal employees in Texas, particularly Galveston County, are not doing as well under their own retirement plan than if they were part of the Social Security system. Just in the last few minutes, I talked to the county judge of Galveston County, Judge Yarborough, who is a very good Democrat, a very good person, and is doing a good job in Galveston County. He says in the 5 years he has been county judge, he has never had one complaint from an employee in Galveston County and, in fact, has had many retirees come up to him and say how glad they are that they have their own retirement system rather than having been forced into the Social Security system back in the eighties when they were allowed to opt out. First and foremost, because this is important, this was somehow linked to Governor Bush's Social Security plan. There is no linkage whatsoever.”