Published in: New York Times (National Ed.), Wednesday, June 14, 2000, page A20:

Excerpts from the interview of Vice President Al Gore yesterday by members of the Editorial Board and reporters and editors of The New York Times:

I think that the debate that starts today will say a lot about the way the country looks at the two alternatives before them. We face a brand-new situation that we've never faced in our country's history, the prospect of very large surpluses stretching out as far as the eye can see.

I'm starting today a three-week set of speeches offering my recommendations for what I think the country ought to do with this surplus. I think we should, first of all, do for Medicare what we've done for Social Security and take it off the budget. This will have the effect of protecting it against the kind of unwise changes to teaching hospitals, for example, that we saw in the 1997 balanced budget debate.

Further, I will propose that we give a new savings incentive to give Americans the option for tax-free, voluntary savings accounts over and above Social Security. And I will call it Social Security Plus, and it will be in sharp contrast to Governor Bush's proposal, which I think can be described as Social Security Minus, because his proposal would come with a price tag of a trillion dollars and with the risk that bad investments would be subtracted from the Social Security foundation...


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