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Politics : PRESIDENT GEORGE W. BUSH

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To: Kenneth E. Phillipps who wrote (175007)8/27/2001 5:52:08 PM
From: jlallen  Read Replies (2) of 769670
 
Currently CBO predicts non-SS surplus of $1 Bn this year and $2 Bn next year. There should be NO surplus in an economic downturn. Bush obviously underestimated the severity of the Clinton/Gore recession. there's precedent fo that since its how Clinton screwed us out of a middle class tax cut....

JLA
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