we are going to hear a lot today about there being a budget surplus, and that is the good news. But the surplus comes from the Social Security system. So what is the bill that is going to be on the floor today? To give an election year tax cut paid for out of using Social Security funds. Mr. Speaker, I want a tax cut, too, for America's working families, but not by taking from Social Security. We are going to hear about a 90-10 bill, that they are going to put 90 percent of Social Security aside where it cannot be touched. But we all know something. That is that we should not take 90 percent of Social Security to pay for anything else. We should not take 10 percent. We should not take one penny of the Social Security surplus to pay for something else. That belongs to America's retired. I support a bill giving tax cuts but not until Social Security is preserved. In order to cut taxes today, we should not take from the benefits that American workers receive tomorrow. That is wrong.
Bob Wise: “we are going to hear a lot today about there being a budget surplus, and that is the good news. But the surplus comes…”
Editor's note · Context
Addressing the use of Social Security funds for tax cuts during a budget surplus discussion.
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