In 1999 President Clinton proposed investing the Social Security Trust Fund in what some might consider "risky"
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In 1999 President Clinton proposed investing the Social Security Trust Fund in what some might consider "risky" assets in the [[stock market]] and [[bond]]s. Clinton told a joint meeting fo the U.S. House of Representatives and Senate,
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{{Cquote|'''I propose that we commit 60 percent of the budget surplus for the next 15 years to Social Security, investing a small portion in the [[private sector]], just as any private or State Government pension would do.'''<ref>[http://www.c-span.org/Transcripts/SOTU-1999.aspx President Bill Clinotn's 1999 State of the Union Address,] January 19, 1999. Retrieved from C-Span.org 19 August 2010.</ref>}}