PRESIDENT GEORGE W. BUSH Message Board

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Politics : PRESIDENT GEORGE W. BUSH

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To: Kenneth E. Phillipps who wrote (221659)	1/25/2002 12:42:07 AM
From: Dr. Doktor	Read Replies (1) of 769670

You're FOS buddy! Tell it to the CBO Mr. Bush met with congressional leaders yesterday at the White House and renewed his call for an economic-recovery plan. Traveling in West Virginia on Tuesday, Mr. Bush cautioned lawmakers against becoming too obsessed with the Enron bankruptcy to deal with more pressing issues. "Congress also needs to stay focused on the American people," Mr. Bush said. "We're running a war. We've got to make sure our homeland is secure. And we've got to make sure people can find work." Mr. Daschle's comments on Social Security came as the director of the nonpartisan Congressional Budget Office told lawmakers that a combination of factors — the recession, the war on terrorism and the tax cut — would eat up about $4 trillion of the projected $5.6 trillion federal surplus during the next 10 years. That would cause the government to borrow from Social Security and Medicare surpluses for other programs. CBO Director Robert Crippen said the tax cut accounted for about 45 percent of the diminished surplus. He also said the economic slowdown, which began during the Clinton administration, was showing signs of recovery.

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