SJR 39: Urging the President of the United States and the United States Congress to protect the Social Security Trust Fund.
00 SENATE JOINT RESOLUTION NO. 39 01 Urging the President of the United States and the United States Congress to protect the 02 Social Security Trust Fund. 03 BE IT RESOLVED BY THE LEGISLATURE OF THE STATE OF ALASKA: 04 WHEREAS the Social Security Trust Fund was originally developed to ensure a 05 stable platform of retirement, disability, and survivor annuity benefits for hardworking 06 Americans and their dependents; and 07 WHEREAS the assets in the Social Security Trust Fund are owned by the working 08 taxpayers of America whose payroll taxes were used to purchase the government securities 09 held by the fund; and 10 WHEREAS the government is not the owner of the Social Security Trust Fund, but 11 merely its steward; and 12 WHEREAS, during past budget deficits, the Social Security Trust Fund surplus has 13 been used to fund other functions of government; and 14 WHEREAS Alaska's statewide senior citizen community is, proportionately, the 15 second most rapidly growing in the country; and 16 WHEREAS the number of Alaskans over the age of 60 is expected to reach 20
01 percent of the population by the year 2025; and 02 WHEREAS it us understood that deficits may be unavoidable during times of war; 03 BE IT RESOLVED the Alaska State Legislature respectfully urges the President of 04 the United States and the United States Congress to use the Social Security Trust Fund only 05 for its original intent; and be it 06 FURTHER RESOLVED the Alaska State Legislature respectfully urges the Alaska 07 Delegation to the United States Congress to propose a constitutional amendment to ensure 08 that the Social Security Trust Fund is used solely for its original intent. 09 COPIES of this resolution shall be sent to the Honorable George W. Bush, President 10 of the United States; the Honorable Richard B. Cheney, Vice President of the United States 11 and President of the U.S. Senate; the Honorable Thomas Daschle, Majority Leader of the U.S. 12 Senate; the Honorable J. Dennis Hastert, Speaker of the U.S. House of Representatives; the 13 Honorable Senator Robert C. Byrd, Chair of the U.S. Senate Committee on Appropriations; 14 the Honorable Bill Thomas, Chair of the U.S. House of Representatives Committee on Ways 15 and Means; the Honorable Senator Ted Stevens, Ranking Minority Member of the United 16 States Senate Committee on Appropriations, the Honorable Frank Murkowski, U.S. Senator, 17 and the Honorable Don Young, U.S. Representative, members of the Alaska delegation in 18 Congress.