Word: surplus
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...always excellent Paul Krugman on the phantom surplus. Memorize...
...Frank Bruni leads section and paper with Bush defending his tax cut as "both responsible and easily affordable in light of federal surplus projections... I've got to do a better job of making it clear." Times does its best to help. WP's Connolly finds Gore at the local swing-state VFW, "telling several thousand veterans that unlike George W. Bush, his commitment to the military began long before the 2000 presidential campaign." Then he went to a union meeting...
...plan. When Gore unleashes the argument, his words uncoil like a viper. "I think that his politics are 20 years old at the core. We've been there, done that, didn't work, still payin' the bill," he says. "It is ridiculous, if we've got a $1.4 trillion surplus over the next 10 years, that his tax cut alone is $1.6 trillion, and then his Social Security privatization is another trillion, and then his defense and other spending increases are another $450 billion, and that doesn't even count the Star Wars plan--I mean, he's underwater...
SOCIAL SECURITY Calling Bush's privatization plan "risky," he says he will shore up the program by using the surplus and paying down the debt (which could save $200 billion a year in interest). Like Bush, he has a private savings plan, but his is paid for out of general revenues...
...Gore has also grabbed the lead on what may well turn out to be the last-word issue of this campaign: the budget. There is no surplus, folks, and the first politician to say that aloud will have my everlasting respect. But Gore is promising to keep the budget balanced and pay down the debt, and that's Alan Greenspan's favorite issue, which is good enough for me. Bush's numbers don't add up - this is where John Kasich would have come in handy as a running mate - and if they still don't, he'll lose...