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New Link to Sources
[link|http://www.cbo.gov/showdoc.cfm?index=3019&sequence=0&from=7| CBO source ]
[link|http://www.whitehouse.gov/omb/budget/fy2002/msr.html| White House : Office of Management and Budget ]
[link|http://www.washingtonpost.com/wp-dyn/articles/A3037-2001Aug27.html| Washington Post ]

Synopsis: The White House figures there's a real after Social Security surplus of 0.5 Billion (roughly). Congressional Budget Office figures there's going to be a 9 billion deficit. Rush and others include Social Security revenue and claim there's a $150+ Billion surplus.

New surplus, what surplus?
tax revenues not from Social Security thru 2018 showed no surplus. SS show a surplus and since they dont put the money in fort knox and are unwilling to give it to me to invest :) they put it in the general fund for 2% interest to cover general spending.
Thyis spending can be used to lower national debt (good) or cover current and future spending (bad) either way I will be working for walmart until I hit the floor and die. Unless My kids make good and my wife leaves me then I can be found in a tent at mile 71.5 of Hiway 1 Alaska.
thanx,
bill
Our bureaucracy and our laws have turned the world into a clean, safe work camp. We are raising a nation of slaves.
Chuck Palahniuk
     Question for all you Repo apologists out there... - (jb4) - (59)
         As opposed to... - (Another Scott) - (5)
             How's that? - (mmoffitt) - (4)
                 A couple of examples. - (Another Scott) - (3)
                     Wow, are those nits ever small - (drewk)
                     I am unmoved. - (mmoffitt) - (1)
                         Jimmy sure was a different President. - (inthane-chan)
         He'll take the tobacco defense - (GBert)
         Odds that we run a deficit b4 the Resident is out of office? -NT - (mmoffitt) - (1)
             I'm not taking that bet (regardless of the odds)! -NT - (jb4)
         Out of curiosity, what are you talking about? Budgets? - (wharris2)
         Question for all you Repo doubters - (rsf) - (10)
             As with most other politicians, telling when Bush is lying- - (DonRichards) - (2)
                 In this case, however - (wharris2) - (1)
                     I think you have it right - (DonRichards)
             Try to follow along here, now... - (jb4) - (6)
                 Re: Try to follow along here, now... - (wharris2)
                 Re: Try to follow along here, now... - (bepatient) - (4)
                     Well...if it's their programs and their budget... - (Simon_Jester) - (2)
                         I'm sure there's some... - (bepatient) - (1)
                             I want every penny of that surplus - (wharris2)
                     IT'S BAAAAAAAAAAAAAACCCCCCCCCCCCCK! - (mmoffitt)
         Link to Sources - (Simon_Jester) - (1)
             surplus, what surplus? - (boxley)
         Hee Hee - (deSitter) - (35)
             Ho Ho - (rsf) - (34)
                 Jabbering is no use - (deSitter) - (30)
                     About that '92-2000 period... - (inthane-chan) - (1)
                         Denonthinker - (wharris2)
                     Jabbering is no use - agreed - (rsf)
                     Why don't you tie those dates... - (bepatient) - (23)
                         I musta been sleeping for 8 years, but... - (jb4) - (22)
                             slap slap - (wharris2)
                             Huh? - (bepatient) - (20)
                                 hoorah! someone who understands basic economics! - (boxley) - (5)
                                     Capital Formation - (Decco Dave) - (2)
                                         the availability of capital has nothing to do with govt - (boxley)
                                         There is a small effect... - (bepatient)
                                     So lemme get this striaght.. - (jb4) - (1)
                                         according to me yeah, propaganda value only -NT - (boxley)
                                 Why that's.. that's - unDemocrat AND unRepublican!! of you \ufffd -NT - (Ashton) - (2)
                                     That may be the nicest thing said to me in this forum:) -NT - (bepatient) - (1)
                                         I had at times suspected that, behind that calm facade - (Ashton)
                                 Policies can have some impact - (wharris2) - (10)
                                     LOL! - (Simon_Jester) - (9)
                                         Which one? -NT - (bepatient) - (8)
                                             This one... - (Simon_Jester) - (7)
                                                 Ah... - (bepatient) - (6)
                                                     Muhahaha - (Simon_Jester) - (5)
                                                         Damn...I thought you could read... - (bepatient) - (4)
                                                             Oh I know, you left yourself weasel room - (Simon_Jester) - (3)
                                                                 Well...lets see... - (bepatient) - (2)
                                                                     Well, I think you're still looking at the trees too much... - (Simon_Jester) - (1)
                                                                         Presidential politics... - (bepatient)
                     Clearly not so. - (Another Scott) - (2)
                         Nancy - (rsf)
                         Bizarre :) - (deSitter)
                 Re: Ho Ho - (kelzer) - (2)
                     Can we get an AMEN! -NT - (bepatient)
                     But can G. be blamed for the massive gullibility that Was - (Ashton)

Where do you live? Right here.
69 ms