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Politics : Bill Clinton Scandal - SANITY CHECK
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To: Les H who wrote (12168)11/1/1998 10:45:00 PM
From: Daniel Schuh  Read Replies (1) of 67261
 
Les, I don't know about DC, it's perpetually bankrupt and under Congressional control. But raiding the Social Security "fund" has been continual since long before Clinton. It used to always be pay as you go, then Moynahan came up with the brilliant scheme to "save" it by raising taxes to build up the trust fund, conveniently timed to coincide with the huge Reagan deficits. There's a mighty big IOU sitting in the SS trust fund, $20 billion is a pittance against it.

Aside from the fact that Clinton can't spend what Congress doesn't appropriate, right?
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