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excerpt is from the 1998 Senate Budget Committee session.
What we've been doing, Mr. Chairman, in all reality, is taken a hundred billion out of the Social Security Trust Fund, transferring it over to the spending column, and spending it. Our friends to the left here are getting their tax cuts, we getting our spending increases, and hollering surplus, surplus, and balanced budget, and balanced budget plans when we continue to spend a hundred billion more than we take in.
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We owe Social Security 736 billion right this minute. If we saved 117 billion, we could pay that debt down, and have the wonderful effect on the capital markets and savings rate. Isn't that correct? Thank you very much, Sir. Thank you, Mr. Chairman.
(Cacher) Vous en avez marre de placer les bateaux ou les pièces d'Espionnage en début de partie? Vous pouvez aller sur l'Editeur de parties et sauvegarder quelques unes de vos positions préférées pour une utilisation future. (pauloaguia) (Montrer toutes les astuces)