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Politics : The Castle

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To: TimF who wrote (138)11/8/2002 8:02:50 AM
From: Neocon  Read Replies (1) of 7936
 
Yes, it does have a future liability. However, there is no very good reason to put it in the debt service column, as opposed to a multi- year appropriation. Additionally, it is subject to a kind of forgiveness (such as raising the retirement age) that the ordinary debt is not.
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