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Politics : Sharks in the Septic Tank
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To: TimF who wrote (21238)8/9/2001 5:51:36 PM
From: Win Smith  Read Replies (1) of 82486
 
But Tim, why has it been perfectly OK for the government to use SS taxes for other purposes in the past, but it wouldn't be ok to use other taxes to cover SS obligations in the future? That latter is in general how T-bonds work, the government promises to use other taxes to cover its obligations in the future.
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