By Wohlgemuth H.C.R. No. 34 Line and page numbers may not match official copy. Bill not drafted by TLC or Senate E&E. HOUSE CONCURRENT RESOLUTION 1-1 WHEREAS, Millions of retired Americans depend substantially 1-2 on social security payments as a source of income; and 1-3 WHEREAS, Millions of working Americans pay into the social 1-4 security system and anticipate receiving social security benefits 1-5 after they have retired; and 1-6 WHEREAS, The future fiscal viability of the social security 1-7 system is in doubt; and 1-8 WHEREAS, A failure of that system would result in financial 1-9 catastrophe for countless Americans and would place a substantial 1-10 burden on various units of government; and 1-11 WHEREAS, In order to avoid that catastrophe, major changes to 1-12 the social security system are needed; now, therefore, be it 1-13 RESOLVED that the members of the 76th Legislature of the 1-14 State of Texas urge Congress to honor obligations to retired 1-15 Americans, to replace the current pay-as-you-go social security 1-16 system with a fully funded system and to create incentives for 1-17 workers to save for their retirement; and, be it further 1-18 RESOLVED, That the Texas Secretary of State forward official 1-19 copies of this resolution to the President of the United States, 1-20 the Speaker of the House of Representatives, the President of the 1-21 Senate of the United States Congress, and each member of the Texas 2-1 congressional delegation with the request that this resolution be 2-2 officially entered into the Congressional Record as a memorial to 2-3 the Congress of the United States.