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Politics : Al Gore vs George Bush: the moderate's perspective
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To: Nadine Carroll who wrote (8337)12/4/2000 12:33:27 AM
From: Hawkmoon  Read Replies (3) of 10042
 
Any money that is diverted from this stream must be replaced by a tax increase or by running a deficit.

I suggest you keep working it out... You're on the right track, but deriving the wrong facts.

Remember, we ran a $90 billion surplus last year, and a $230 Billion suplus this year, $170+ billion of which was strictly from surplus FICA tax payments.

Now go to the office of the public debt website and find out whether, with a $320 billion surplus over the past two years, if the national debt is lower, or higher than it was two years ago.
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