Word: surplus
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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...
...surplus, of course, is what also allows Bush to propose a $1.6 trillion tax cut while promising to spend $402 billion (about twice what Clinton-Gore promised in 1992) on education, defense, health care and a prescription-drug plan. And for all Gore's talk about risky schemes that squander the deficit, it's worth remembering that spending the surplus on a big tax cut and somewhat smaller spending plans isn't inherently "riskier" than spending it on big spending plans and a smaller tax cut. Both men blow through the money. The challenge is to identify the priorities embodied...
...debate consisted of issue exchanges between the candidates, ranging from education, military readiness, the newly-approved abortion pill and the budget surplus during the 90-minute debate at Centre College in Danville...
...Ushered from issue to issue by Bernard Shaw, they covered all of them, almost. (Has there been some negotiated pact in these debates not to talk about guns?) As in Tuesday's faceoff, the core of this debate was the surplus and how to spend it - with so many policy roads leading back to it, both campaigns seem content to focus voter attention on this choice. Thursday was the annotated version. Though the totings-up of the two sides seem destined never to jibe, Cheney and Lieberman poked at each other's math dutifully but briefly. Never mind the numbers...