Word: surplus
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...have to save some of this surplus for Medicare," Gore said...
...candidates sparred over their competing proposals to overhaul the health care system. Gore claimed Bradley's proposal would coast $1.2 trillion, larger than the projected federal budget surplus, a figure Bradley later disputed...
...weekly radio address to fire the opening round in what will be Topic 1 in Washington this week: Social Security, and what to do with all that extra cash. On the table from the White House: a detailed version of his plan to use the $760 billion Social Security surplus to pay down the national debt, then use the money from reduced interest payments to restock the retirement fund. And to get Republians to play ball, Clinton's dropping his push to have the government invest 15 percent of the fund in the stock market. That's not much...
...course, we may be having the wrong conversation altogether. The problem isn't necessarily that we're not taking in enough money, but that we're not sending it out in the right way. It seems more than a little schizophrenic to be running a $760 billion surplus on one side of the government ledger while carrying a $3.7 trillion debt on the other, and while the White House plan takes care of one part of the equation, it sidesteps making the unpopular choices - like means-testing - that would truly make Social Security a viable program. "We will...
...proper way to save Social Security is a mild pruning of benefits for the better-off half of the retired population, in order to keep the trust fund growing for future retirees. If a budget surplus actually does materialize, worthwhile goals like health care for the uninsured or--yes--even a tax cut ought to come before pouring more money into the trust fund. Where is the courageous politician who will say it's time to stop Social Security from raiding the government...