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 (670973)	2/3/2005 3:50:51 PM
From: DizzyG	Read Replies (1) of 769670

As to your question, Kenneth... Let's look at the REAL facts: Bush's plan would involve "transition costs" to make up for the revenue that would go into private accounts instead of into the government's coffers. Many estimates have pegged the 10-year cost at $1 trillion to $2 trillion. But the Bush administration gave a lower estimate of those estimates, at $754 billion. That number includes $90 billion in debt service costs. The reason that estimate is lower than others is that the Bush plan is phased in, reducing the cost of the private accounts in the first few years. reuters.com. So we have a range of $754 billion to 2 trillion. Are these estimates accurate? Who knows? We are talking about estimates, Kenneth. However, unlike you, I do NOT choose to assign sinister intent to these numbers. You, on the other hand, are letting your hatred of George Bush cloud your judgment. Why am I not surprised? :) Diz-

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