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Politics : Electoral College 2000 - Ahead of the Curve -- Ignore unavailable to you. Want to Upgrade?

To: Mama Bear who wrote (5583)	12/10/2000 12:36:57 AM
From: TraderGreg	Read Replies (3) \| Respond to of 6710

The government has been taking in more than it spends each of the last several years. Yes, that includes contribs to Social Security. But remember, contribs to Social Security were included 8yrs ago as well when we were running a 250billion shortfall. So, it is still a 500 billion swing from 1993 to fy 2001. I can't access that link and I am not an accountant, but even the Republican CBO states there was a surplus. I don't know why the public debt increased, except for the fact that possibly much of the surplus was used to repay the Social Security Trust fund. BTW, you can indeed take in more than you spend and still have your own individual debt increase each year. As I said, the National Debt is linked to yearly spending activities when there is deficit spending, but evidently the accounting won't reflect it when there is a surplus unless the surplus is used for debt payoff. TG