Word: surplus
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...Iowa Monday. He'll talk about big-spending liberals, and the futility of going to Congress with your dukes up, and how states, towns and ordinary people can spend their money better than Washington can. And he'll be offering them their money back. Gore talks about surplus reinvestment, Bush about a surplus dividend. Gore is running as a book-devouring pugilist; Bush as a backslapping manager who'll get all the thinkers on the same page...
...months that have seemed like years, Gore and Bush have dueled on the surplus, on foreign policy, on the environment and guns and hate and Washington and Texas. Tonight, a national television audience will get to see how Gore and Bush, as president, might go about dealing with tragedy, and thus be measured against the present occupier of the Oval Office, someone who is a master of this particular...
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...