Word: surpluses
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...from Canada and Mexico. Once the drug companies see their revenue fall they'll start lowering prices. The politicians will not move since they have 100% health-care coverage thanks to the U.S. taxpayer. It is up to the individual to act. Mr. Bush just vaporized $3 trillion in surplus to settle a personal score with Saddam and make his friends rich. Could have used the money for prescriptions. Stan Gable Massachusetts...
...disingenuous or equally naive. The administration has racked up three tax cuts in three years, fundamentally altering the government’s long-term fiscal outlook in the process. According to a recent Urban-Brookings Tax Policy Center report, the tax cuts have helped to convert a 10 year surplus of $1.3 trillion into a 10 year deficit of $4.5 trillion. This fiscal deterioration has tremendously important implications for our government’s ability to preserve Social Security, Medicare and other critical programs for future generations...
...Clinton and Bush administrations—with respect to fiscal policy, foreign policy, environmental policy and a host of other issues—simply belies this notion. Remember, for example, that President Clinton raised taxes in the first year of his presidency and left office with the budget in surplus, quite a contrast to the situation we now face...
Albright added that terrorism cannot be combated alone and since Bush has “squandered our surplus of good will” abroad, tracking terrorist networks and funds will become increasingly difficult...
...despair. Imagine an STB rate of 1 to 1. You end up with an annual surplus equivalent to $400 billion, government spending down by almost 30% and more than $5 trillion knocked off the national debt. All you have to believe is that every time President Bush gives the country a dollar in new tax cuts, the country shows its appreciation by spontaneously knocking a dollar off its demands for government spending. And if you buy that, I've got an old cocktail napkin I'd like to sell...