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Politics : PRESIDENT GEORGE W. BUSH
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From: Kenneth E. Phillipps2/10/2005 12:34:25 PM
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"He (Bush) knows better than anyone that every penny of the $509 billion in Social Security surplus generated during his first term was 'spent on government programs.' He is fully aware that he is continuing to spend approximately $400 million of Social Security surplus each and every day," Smith pointed out. "However, since Bush's actions are a direct violation of his solemn pledge to the public that he would not touch any of the Social Security surplus, and since his misuse of Social Security funds is a violation of federal law, one would not expect the President to openly admit to his transgressions for the public record as he did yesterday."

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