○  克林顿总统1999年联邦国情咨文演说  ○

sanationfarintothe21stcenturydependsuponwhatwedoasanationtoday.

so,withourbudgetsurplusgrowing,oureconomyexpanding,ourconfidencerising,nowisthemomentforthisge

nerationtomeetourhistoricreoibilitytothe21stcentury.

ourfiscaldisciplinegivesusanuurpaedoortunitytoaddrearemarkablenewchallenge,theagingofamerica.withthenumberofelderlyamericasettodoubleby2030,thebabyboomwillbecomeaseniorboom.

sofirstandaboveall,wemustsavesocialsecurityforthe21stcentury.

earlyinthiscentury,beingoldmeantbeingpoor.whenpresident[franklind.]rooseveltcreatedsocialsecurity,thousandswrotetothankhimforeliminatingwhatonewomancalled"thestarkterrorofpeile,helpleoldage."eventoday,withoutsocialsecurity,halfournation''selderlywouldbeforcedintopoverty.

today,socialsecurityisstrong,butby2013,payrolltaxeswillnolongerbesufficienttocovermonthlypayments.by2032,thetrustfundwillbeexhaustedandsocialsecuritywillbeunabletopaythefullbenefitsolderamericahavebeenpromised.

thebestwaytokeepsocialsecurityarocksolidguaranteeisnottomakedrasticcutsinbenefitnottoraisepayrolltaxratenottodrainresourcesfromsocialsecurityinthenameofsavingit.itead,iproposethatwemakethehistoricdecisiontoinvestthesurplustosavesocialsecurity.

ecifically,iproposethatwecommit60percentofthebudgetsurplusforthenext15yearstosocialsecurity,investingasmallportionintheprivatesectorjustasanyprivateorstategovernmentpeionwoulddo.thiswillearnahigherreturnandkeepsocialsecuritysoundfor55years.

butwemustaimhigher.weshouldputsocialsecurityonasoundfootingforthenext75years.weshouldreducepovertyamongelderlywomen,whoarenearlytwiceaslikelytobepoorasareotherseniors.andweshouldeliminatethelimitsonwhatseniorsonsocialsecuritycanearn.

now,thesechangeswillrequiredifficult,butfullyachievablechoicesoverandabovethededicationofthesurplus.theymustbemadeonabipartisanbasis.theyshouldbemadethisyear.soletmesaytoyoutonight,ireachoutmyhandtoallofyouinbothhousesinbothpartiesandaskthatwejointogetherinsayingtotheamericanpeople,

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