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Politics : Formerly About Advanced Micro Devices -- Ignore unavailable to you. Want to Upgrade?

To: TimF who wrote (357715)	11/9/2007 12:23:31 PM
From: bentway	Read Replies (1) \| Respond to of 1573949

"Therefore, the ultimate question concerns the federal government's fiscal position and its ability to pay back the full face value, plus interest, of the money that it has borrowed from Social Security. Recent U.S. tax and spending policies have caused a return to budget deficits, and future lawmakers will face great challenges as they weigh honoring debt obligations (especially obligations that relate to the wellbeing of seniors) against funding important spending programs or raising taxes. Fiscal policies made today will impact the government's ability to make good on its debt to Social Security. For example, according to some calculations, reversing the 2001 and 2003 tax cuts would more than suffice to redeem all of Social Security's assets (CBPP, Brookings)." en.wikipedia.org