PRESIDENT GEORGE W. BUSH Message Board

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Politics : PRESIDENT GEORGE W. BUSH

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To: sea_biscuit who wrote (506016)	12/8/2003 2:46:41 PM
From: Oeconomicus	Read Replies (2) of 769670

Even if we pay more than what is needed, where do the SS and Medicare surpluses go now?! They go to purchase treasury securities, dopey, while congress counts it as revenue in calculating budget deficits. That's why the national debt kept rising even while Clinton claimed to have produced a budget surplus. Kind of like if GE did a billion dollar bond issue and counted the proceeds as revenue. If you've got an issue with the government's funny accounting, I agree with you, but that has nothing to do with funding of the social security trust fund.

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