Social Security

SOCIAL SECURITY -- (House of Representatives - June 29, 2005)

(Mrs. McCARTHY asked and was given permission to address the House for 1 minute and to revise and extend her remarks.)

Mrs. McCARTHY. Mr. Speaker, since 1935, Social Security has helped millions of our American families. It has helped them enjoy a secure retirement, and it has never been a day late or a dollar short.

Now, the Members of this body and the administration are pushing a plan that will cut benefits for nearly every American under 35. The administration has said in the past that Social Security is a bunch of IOUs. Now we are hearing that we have a surplus, and we are going to take that surplus and finance private accounts.

Where is the common sense in this? Social Security needs a solid source of funding, not a plan that drains trillions of dollars away from our American families that need it. We must commit to improving, not dismantling, the Social Security programs.

We can and we must do better. And let no one forget that Social Security covers people with disabilities and those women and men who have become widows and widowers.

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