On the recordMarch 10, 1999
What we have been doing in the Committee on the Budget has been two things, analyzing the President's budget proposal, taking it very seriously, and crafting our own budget proposal. It was my first time to sit in this well of this House to watch the State of the Union Address. When the President stood right behind me here and talked about his plans to save social security, everybody remembers that 62 percent number, saving 62 percent of the surplus for social security, well, I was wondering and scratching my head at the time, why 62? Why not 100 percent? Where did the 62 number come from? We have been analyzing that in the Committee on the Budget. It looks like actually he is not saving even that much for social security. But what that policy that the President has subscribed to allows the President to do is to continue raiding the social security trust fund. Where I come from in Wisconsin, people believe that if they pay taxes for social security off of their payroll taxes, their FICA taxes, it ought to go to social security, not to other government programs.
Source
govinfo.gov




