"The second thing I want to talk about is Social Security. A year ago in his State of the Union speech, the president said he was committed to saving Social Security. I'm glad to hear him discuss it again this evening. Unfortunately spending the surplus as he proposes will not save Social Security. It just temporarily props it up with extra cash. Mr. President, we're still waiting for real legislation. We've reserved H.R. 1, the very first bill of this Congress, for the president's Social Security plan. There's one thing we all can agree on—one non-negotiable principle—we must keep our contract with our senior citizens who depend on Social Security for part of all of their retirement income. This nation made that promise long ago, and we will keep that promise. But Social Security needs not just to be patched up. It needs to be updated for the 21st century. People today want and expect to have more control over their lives and over their money. But President Clinton's approach, as you've just heard, gives the government more control of your retirement income. The Social Security dollars deducted from your paycheck currently earn less than 3 percent a year. That's not enough of a return; that's not going to keep Social Security solvent; and it's especially not fair to young people and women. For example, the current system works against mothers who choose to step out of their job for a while, away from their career, to raise children or to care for parents. It works against wives, who more often than not, survive their husbands and they end up living for more years on fewer dollars. And it works against young people who believe they'll never see a Social Security check. Here's a better way. Giving working Americans the choice to invest some of their Social Security dollars in personal retirement accounts. We can do this without touching a dime in Social Security funds, without raising one nickel in taxes, and without touching one penny of current benefits. A new century requires a new beginning—in approaches, in ideas, and, yes, in civility and cooperation between political parties. I'd like to close on a personal note. I'm a mother, a gardener, a Republican and a member of Congress. Believe me, all four take patience. My boys thankfully turned out to be wonderful young men. My plants at home unfortunately need a lot of work. And as for my efforts in the Congress, I am constantly planting and watering."

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Added on April 10, 2026
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