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Politics : PRESIDENT GEORGE W. BUSH

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To: DOUG H who wrote (551371)3/13/2004 2:04:40 PM
From: Steve Dietrich  Read Replies (1) of 769670
 
<<The total amount siphoned-off from the trust fund to date is $1.3 Trillion, With zero plan to pay it back to support future retirees.>>

Keep in mind the SS surplus money is loaned to the Treasury. We have over $7 trillion in debt of which less than $2 trillion is owed to SS.

We can certainly honor the debt owed to SS. If we can't what does that say to those that hold the rest of the US debt?

What would happen to the US and world economy if the US said we have "zero plan to pay back our debt?"

Steve Dietrich
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