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Politics : Ask Michael Burke -- Ignore unavailable to you. Want to Upgrade?

To: Zach E. who wrote (77121)	3/7/2000 5:48:00 PM
From: Earlie	Respond to of 132070

Zach: Appreciate your provision of this one to our friend BGR. (g) Best, Earlie

To: Zach E. who wrote (77121)	3/7/2000 10:32:00 PM
From: BGR	Read Replies (2) \| Respond to of 132070

Zach, Do you understand the difference between yearly budget surpluses and outstanding public debt? I understand that for many it may be a very difficult concept to grasp. Let me help a bit here. The former is used to retire the later. It is like this: Say every year you earn 10 dollars and spend 9, while you have a outstanding loan of 5 dollars. In 5 years you expect to pay off all your loans. Let me know if you need additional help. If you do not, can you please help Earlie? Thanks! -BGR. PS: And if you point is that the surplus has not yet been used to retire the public debt, I believe the announcement to that intention was made only a few weeks back and not last year. So, I am perplexed at what you are trying to get at by using last years figures.