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Politics : Stockman Scott's Political Debate Porch -- Ignore unavailable to you. Want to Upgrade?

To: Ron who wrote (60665)	10/14/2004 8:55:20 PM
From: Karen Lawrence	Respond to of 89467

They're always true to the borrow and spend syndrome, but will they pay it back? Probably you and I will.: Treasury Secretary John Snow, who shortly afterwards also revealed a record budget deficit for 2004, said he would use pension money to keep the government running. In a letter to Senate majority leader Bill Frist, Snow said he was immediately suspending payments to a federal employees' retirement scheme, the Government Securities Investment Fund (G-Fund). The missing money would be repaid in full later, with no net effect on the fund or retirees, he promised.