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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 (9517)	10/28/1999 1:25:00 PM
From: Wally Mastroly	Read Replies (1) \| Respond to of 15132

The alleged budget 'surplus' - U.S. Posts Record Budget Surplus.... Some key (IMHO) exerpts: >..Last year, before taking Social Security into account, the government had a $29.9 billion deficit but a $99.2 billion Social Security surplus turned the overall deficit into a surplus of $69.2 billion... The administration acknowledged the 1999 surplus came entirely from Social Security. The huge benefit program is collecting more in payroll taxes than it is paying out in benefits... Without the Social Security cushion, the government would have had a $1 billion deficit... Despite the two surpluses in a row, the government still has a $5 trillion debt...< dailynews.yahoo.com