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


To: Alighieri who wrote (361129)12/3/2007 1:13:33 PM
From: Tenchusatsu  Read Replies (2) | Respond to of 1588443
 
Great Al. So an increase of 5.01 percentage points in taxes, or a cut in benefits by 22 percent, can make up for the $45 trillion shortfall.

That tells me that the $9 trillion debt can easily be paid off with less. Perhaps the dire consequences of that $9 trillion isn't so dire after all, as long as we can get our net finances back into the black.

And the first step towards achieving that would be to not include the SS surplus as part of the general budget. Do that first before increasing the SS payroll tax or reducing benefits, or else future administrations will claim the same kind of fake "surplus" that Clinton did three out of his four years in his second term.

Tenchusatsu