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Politics : Ask Michael Burke -- Ignore unavailable to you. Want to Upgrade?

To: Ilaine who wrote (59939)	5/20/1999 10:32:00 AM
From: gnuman	Respond to of 132070

Cobalt Blue, re: Budget Surplus I guess he doesn't see that the "Surplus" is a myth created by the politicians. From what I've read, the Government, (us), has "borrowed" ~$1.2 trillion from the "entitlement" funds to support non-entitlement programs. We won't be able to pay it back. Interest payments on the debt reached $364 Billion in 1998. Interesting that foreigners own $1.3 Trillion of our debt. I guess we'll have to pay that back. <ng> So do we print money? The situation is getting real scary.