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Politics : Politics for Pros- moderated
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To: unclewest who wrote (112304)5/2/2005 6:02:18 PM
From: TimF  Read Replies (1) of 793913
 
Considering the fact that the law requires that the "trust fund" be spent on treasury securities, and that we are running a deficit theres no other way to go (unless you change the law).

Now what would happen in the unlikely even that we run a surplus for so long that we pay off the debt and there are no more outstanding bonds. I doubt this is a real practical concern though because I don't see it happening.

Tim
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