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Politics : Bill Clinton Scandal - SANITY CHECK -- Ignore unavailable to you. Want to Upgrade?

To: Daniel Schuh who wrote (29268)	1/22/1999 5:19:00 PM
From: Les H	Read Replies (2) \| Respond to of 67261

Of course, it applies. He just said he was saving it for SS, and no sooner was the ink dry on his speech, he unveils plans to spend it for the next 15 years. If the surplus was going to be applied to SS, it could be done right away by paying back those bonds. The issue of the CPI and the number of beneficiaries under SS affect the obligations. Unlike other debt, the funds needed by SS depends on the number of beneficiaries to be served by the system and the benefit adjustment. Other debt has fixed interest rates so that the payback is known. Even now, Clinton tried to syphon off 15% of the "surplus" for Medicare. He was likely to declare Medicare sound, and try to greatly expand the program. He and Hillbilly both desperately want to creat a nationalized health system by hook or crook. Since what the public wants or needs doesn't matter to them. There was a bipartisan committee on entitlements back in 1993. Both Clinton and Congress chose to ignore them. There've been various proposals since by individual Congressmen, incl. Moynihan, Rostencowski, etc.