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Politics : Impeach George W. Bush -- Ignore unavailable to you. Want to Upgrade?

To: jttmab who wrote (1730)	2/8/2001 2:57:45 PM
From: Kenneth E. Phillipps	Read Replies (2) \| Respond to of 93284

The bigger concern, however, is over the long run. Our estimates show that that the President's tax package, particularly if the rate reductions are accelerated, is larger than the realistically available non-Social Security surplus. By using up the available surplus, the tax cut not only leaves the country with less flexibility to address unmet and unanticipated needs over the next decade, but also leaves us in a weaker position to address the problem of the retiring baby boomer generation beyond the next decade. If I were a member of the baby boomer generation, which I am not, I would be very concerned about the Bush tax plan. The Democrats should alert that generation about what is about to happen to them.