| Motion To Go To Conference On S. 294, Passenger Rail Investment And Improvement Act Of 2008 |
July 22, 2008 |
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Dean Heller, R-NV
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"Additionally, tax increases that affect oil companies also hurt retirees, seniors, and pension funds. In 2004, more than 2,600 pension funds run by Federal, State, and local governments held almost $64 billion in shares of U.S. oil and natural gas companies. These funds represent the major retirement security for the Nation’s current and retired soldiers, teachers, and police and fire personnel at every level of government. Fourteen percent of shares are held in IRAs and other personal retirement accounts. Forty-five million U.S. households have IRAs and other personal retirement accounts."
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| Dot-Com Bubble Burst |
February 5, 2007 |
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Steve King, R-IA
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"We can’t make these adjustments to Social Security if we are not willing to make those changes that were called for by President Bush with personal retirement accounts. If we can’t give people a percentage of their Social Security that they are contributing into their own control so that they can have some investment in their own destiny, while we guarantee those benefits to our seniors, if we can’t make those changes, the inevitable result is, Madam Speaker, we will have to cut the benefits to our seniors."
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| No New Taxes |
January 19, 2007 |
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Mike Pence, R-IN
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"Mr. Speaker, I believe that the American people did not reject the Social Security reform or the personal retirement accounts that the President advanced. I think they rejected the entire debate and how it unfolded. I think they rejected the notion that the predominant goal of Social Security reform was to make the numbers add up or, in the language of the wonks, to achieve solvency in Social Security. Such a yardstick expresses no opinion on how to fix an increasingly bankrupt system, and I believe that as a result it invariably blesses benefit cuts or tax increases as a result."
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| Illegal Immigration |
July 11, 2006 |
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Steve King, R-IA
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"Mr. Speaker, they earned the money illegally. If they weren’t here working here legally, their earnings are not legal either. And to reward them with a retirement fund when our Social Security is going to go bankrupt if we don’t overhaul that Social Security, and on that case, the President has been right all along, the need of a personal retirement accounts, need to overhaul Social Security, put more pressure on it because the Senate somehow believes it is not fair."
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