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Strategies & Market Trends : Telebras (TBH) & Brazil
TBH 1.090+3.8%Nov 14 9:30 AM EST
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To: Bob Howarth who wrote (12040)1/20/1999 12:13:00 PM
From: DMaA  Read Replies (3) of 22640
 
Bob, according to the WSJ, Clinton's plan is nothing like a fully funded pension plan:

Specifically, the president's plan would set aside about $2.8 trillion, or 62% of the projected budget surpluses over the next 15 years, to bolster Social Security. Of that amount, the administration would invest $650 billion to $700 billion in stocks, in hopes of getting higher returns than those on the Treasury debt in which Social Security funds now are invested. The remainder of the $2.8 trillion would be invested in Treasury securities.

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