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Strategies & Market Trends : Gorilla and King Portfolio Candidates
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To: areokat who wrote (32102)9/22/2000 3:15:40 PM
From: TigerPaw  Read Replies (1) of 54805
 
a threat to the economy.
Bush proposes a 1.3 trillion dollar tax cut. When you figure in the interest normally gained from the receipts, this is a 1.9 trillion dollar reduction in federal revenue. The total surplus after Medicare and Social Security is only 1.8 trillion, so even if Bush drops any idea of Medical Moon shots or military increases, there will still be 100 billion in new federal debt. That is a threat to the economy.

TP
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