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To: NOW who wrote (19730)	11/7/2001 6:17:31 AM
From: KyrosL	Read Replies (1) \| Respond to of 209892

OT The numbers you posted include debt held by the government in the social security trust fund. The following page also shows the more meaningful figure of the government debt held by the public: publicdebt.treas.gov Intragovernmental debt is irrelevant in influencing interest rates and determining the financial health of the government. It's the publicly held debt that's relevant, and it has been dropping in the last four years. Also, I am trying to compare apples to apples here. The multihundred billion dollar deficits we were running before Clinton included the surpluses of the SS trust fund. It was only in the last few years that people got sensitive about the SS trust fund and started separating that surplus into a "lock box." Now that surpluses are disappearing, so did talk about the lock box.