Floor Statements
Floor Statement on Social Security
Washington, DC,
February 15, 2006
Madam Speaker, in the President's budget he asks for a few hundred million dollars over the next few years for the cost of privatizing Social Security. When he was here at the State of the Union address, he commented that Congress rejected his proposals to privatize Social Security. All the Democrats to his surprise got up and cheered, because we think it is a terrible idea to privatize Social Security
To do to Social Security what they are doing to the pension system, eliminating private pensions and making people depend only on 401(k)s, we think is a terrible idea. What the President telegraphed, by putting in his budget the money to pay for the cost of privatizing Social Security, is that if the Republicans retain control of Congress in this election, they are going to try it again. They will privatize Social Security if the Republicans control Congress again next year. If anybody thinks that privatizing Social Security is a bad idea, that we should not destroy Social Security, you better vote Democratic this year. |