Word: surpluses
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...especially its families. A vote against this resolution will assist the state in their efforts to improve public schools by decreasing class size and expanding early childhood education, open up health care accessibility for state residents and help build and stabilize Massachusetts' economy. Although the state has enjoyed a surplus in recent years, this money should be spent responsibly rather then be used to endorse a severe personal income tax cut for the wealthy...
...IMPACT: The smaller tax cuts are less likely to undermine the surplus. But their targeted nature means not everyone gets a cut and leaves doubts about the total price tag. For example, if enough people take advantage of the savings accounts, the 10-year cost rises $400 billion beyond what Gore has budgeted. THE SUPREME COURT GEORGE W. BUSH AL GORE...
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: Use the entire Social Security surplus and other revenues to pay down the $3.5 trillion national debt by 2012, then devote the savings in interest payments (more than $200 billion annually) to Social Security. Give workers matching funds to encourage them to build their own private savings accounts...
...Florida, the campaign has put out a new ad hitting Bush for that allegedly overpromised trillion dollars of Social Security surplus - and draping the whole thing over a clip of the stumping Bush's flub/metaphor/incredible ignorance on Thursday about Gore's treating FDR's safety net "like it's some kind of federal program." (Which, by the way, Gore's surrogates have really latched onto, probably as a surrogate for the untouchable DUI story...