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Politics : PRESIDENT GEORGE W. BUSH
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To: Ish who wrote (43982)10/8/2000 7:26:57 PM
From: kvkkc1  Read Replies (1) of 769667
 
Ish this is to the thread, it just happened to be a response to your post. Just a small correction. The surplus is projected to be about $4 billion over the next ten years, although through the brilliance of the slick willy economy, they have managed to lose 20% of about $3 trillion(loss in capital markets since March), or $600 billion in capital gains, that would have come in over that period. So make it $3.4 trillion (and given market conditions, falling fast). The $21 trillion in spending will take place come hell or high water. Now if gore wins, look for spending to be about $25 trillion, because there is no way he is going to give a tax cut. Slick willy was going to give a tax cut when he ran in 92, and guess what, you never got it. The $25 trillion figure is total projected revenues over the next 10 years.
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