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Politics : Just the Facts, Ma'am: A Compendium of Liberal Fiction
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To: rich evans who wrote (61655)8/22/2007 8:15:52 PM
From: TimF  Read Replies (1) of 90947
 
1 - If you don't like it, remember it was passed by a Democratic Congress at a time when Republicans where weakened by Watergate.

2 - Actually its not a bad idea. Spending is spending and taxes are taxes. There is one federal government and the money it spends on everything minus the money it brings in is the deficit.

OTOH while the unified budget does make sense the future obligations of social security and Medicare should be accounted for, but separating the budgets wouldn't do that. It would show SS in a surplus even as it accumulates future obligations.

Edit - I agree that the trust funds are mostly illusion. But they would still be mostly illusion if you got rid of the unified budget.
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