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Pastimes : The Justa & Lars Honors Bob Brinker Investment Club -- Ignore unavailable to you. Want to Upgrade?

To: Wally Mastroly who wrote (8901)	9/27/1999 3:11:00 PM
From: Wally Mastroly	Respond to of 15132

Administration Raises Forecast for '99 Budget Surplus to at Least $115 Billion bloomberg.com - In my opinion, the following 2 excerpts summarize the alleged surplus situation: >..''The average voter can only hope the president and Congress deadlock, and that because they can't reach any agreement on tax cuts, whatever surplus we get goes to paying down the debt,'' ...< - And if one wants to plan ahead for next year: >..The bulk of the surplus for next fiscal year will come from the Social Security trust fund, according to CBO estimates. The CBO estimates the fiscal 2000 surplus will be $161 billion, with $147 billion of that coming from Social Security...< - What a surprise! Most of next years surplus will probably come from Social Security payments................. - Perhaps the social security overpayments should remain in the social security "fund". And if there is any real surplus - (Here's a novel idea) - use it to pay down the debt.