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Strategies & Market Trends : Rande Is . . . HOME

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To: melinda abplanalp who wrote (2076)1/19/1999 10:39:00 AM
From: Bucky Katt  Read Replies (2) of 57584
 
Senate Republicans Propose Across-The-Board 10 Pct Tax Cuts>>
Clinton plans market investment for Social Security
WASHINGTON, Jan 19 (Reuters) - President Bill Clinton will propose transferring the bulk of projected budget surpluses over the next 15 years, more than $2.7 trillion, to shore up the Social Security System, the White House said on Tuesday.
In his State of the Union speech, Clinton will call for dedicating 62 percent of the surpluses to the retirement income system, with 20 to 25 percent of this sum being invested in the private sector through the stock market.

This must be a sign of something, but what?
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