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Politics : PRESIDENT GEORGE W. BUSH -- Ignore unavailable to you. Want to Upgrade?


To: rich4eagle who wrote (220524)1/20/2002 10:57:41 PM
From: TigerPaw  Respond to of 769670
 
I ran across on old national review article on supposed lies by Al Gore. Just to remember a couple of them.

BUSH DEBT PLAN
April 25, 2000; Association for a Better New York speech
CLAIM: "He provides for no reduction in the debt — and no reduction in interest on the debt."
TRUTH: By promising to reserve excess revenues generated by Social Security payroll taxes for Social Security, Bush essentially promises to retire federal debt with this money.

BUDGET SURPLUS
May 2, 2000; Washington Post
CLAIM: Describing the Clinton administration plan outlined in the 1999 State of the Union address to have the federal government invest some of the budget surplus in the stock market: "We didn't really propose it. We talked about the idea."
TRUTH: Page 37 of the Clinton administration budget submitted to Congress in February: "The President also proposes to invest half of the transferred amounts in corporate equities." From last year's budget: "The administration proposes tapping the power of private financial markets to increase the resources to pay for future Social Security benefits."



Do you remember back then, when we had a surplus?
TP