Word: surplus
(lookup in dictionary)
(lookup stats)
Dates: all
Sort By: most recent first
(reverse)
Dolliole said Gore would emphasize in the next two days the "big choice" that voters face, asking whether they want to "squander the surplus" or protect Social Security and Medicare, and continue the prosperity of the past eight years...
PLAN: Devote more than a third of the projected surplus--$1.6 trillion--to tax cuts, including a broad cut for all income brackets. Double the child tax credit, give a credit to married couples regardless of whether they pay the marriage penalty, and repeal the estate...
...particularly the wealthiest third of taxpayers. The long-term effect is cloudy: Bush argues that his cuts will encourage the economy to keep growing, but the cuts could lead to inflation, and if things turn sour, ballooning deficits could return. And Congress is currently spending a fifth of the surplus...
PLAN: Use about half the Social Security surplus--roughly $1 trillion--to allow young workers to invest one-sixth of their payroll taxes in private accounts...
PLAN: Reserve roughly 10% of the surplus--$480 billion--for tax cuts targeted to low- and middle-income Americans. These include credits for college tuition, preschool, care for an elderly parent, fuel-efficient cars and retirement-savings accounts...