Word: surplus
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Dates: during 2000-2009
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...through the haze. The first is Bush's portrait of Gore as a retrograde liberal who wants to patch up the edifice of the Great Society. The second is Gore's portrait of Bush as a faithful servant of the rich and powerful who wants to wire-transfer the surplus into the bank accounts of the upper class, spending "more money on tax cuts for the wealthiest 1%" than he does for new education, health-care and defense programs combined. Are Bush and Gore right about each other? Every campaign serves up a cartoon version of its opponent. But these...
Gore can promise a boatload of money for programs (and another $480 billion for tax cuts) yet still lay claim to eliminating the debt because of the government's forecast of a gaudy $4.6 trillion budget surplus over the next decade. The projected income may or may not materialize, depending on how the economy performs, but it allows him to boast of putting aside $2.8 trillion for Social Security and Medicare while leaving a $300 billion "rainy-day fund" untouched. Although his Medicare plan would encourage price competition between managed-care providers--it's not the one-size-fits...
...income families with day care, college expenses or elderly parents to care for. Bush tries to spread the savings around to everybody who pays taxes. And that inevitably favors the rich. Bush seems to believe his plan is fair. But it's worth noting that the chunk of the surplus he would hand over to wealthy Americans could have been used to deliver, for example, a more generous Medicare plan for middle-class seniors, who would get a 50% subsidy for premiums under Gore's plan and only a 25% subsidy under Bush's. Does that mean that Bush...
...give $2 of projected surplus to debt reduction for every $1 for tax cuts or investments...
...clear things up with a quick-and-dirty look at where Al Gore and George W. Bush stand on the subjects that voters say matter: Abortion Campaign Finance Reform Death Penalty Education Environment Foreign Policy Gun Control Health Care National Security The Surplus Launch The Issues tool...