THE BUDGET SURPLUS. IS IT, OR ISN'T IT???


There is something strange going on in Washington, concerning the 5 trillion Dollar budget surplus that was the main campaign issue in election 2000.

Both candidates, using the numbers that Bill Clinton, said was being projected, set about their ideas of just what to do with the money.

Al Gore, wanted to spend most of it on government programs, and paying down the national debt. After listening to Gore's proposals, it was revealed that if he did what he said he was going to do, he would spend it all, and put us right back in to a deficit again.

Bush, on the other hand, proposed giving some of the money back to the ones it was take from in the first place, us.

If there is a surplus in money in Washington, then it is obvious, they took too much money from us, and they need to give it back. However, the Democrats say we need the money to pay down the massive debt this nation has built up, starting back in the 80's.

In the 80's, they say the massive debt was due to the tax cuts that, then president Ronald Reagan, enacted tax cuts, and the result was massive deficits. They say the same thing will happen if Bush, gets his way.

However, what is not said about the 80's, is that Reagan enacted the tax cuts, yet the Democratic congress, refused to cut spending, and in fact, increased it, How?? By borrowing from future income taxes. In other words, they put us, our children, and grandchildren, and even our great grand children, in to this debt, and want us to continue paying for it, while they keep on borrowing from the future. Al Gore's plan, proves that.

Any way, when Bush won the presidency, or if you want to say (was given it by the court), then we begin to hear that the surplus may not be as big as first thought.

In fact, to hear them tell it, there is no surplus, or at least, not as big as first thought.

Listening to these people down through the years, I have come to know, that whatever they say, the opposite is true. In other words, they will lie at the drop of a hat, to further their agenda.

One thing is for sure, if they had gotten the presidency, there would be no question about the surplus.

Another thing about Bush's plan. The 1.6 trillion cut, is stretched out over 5 - 10 years. The surplus today is about 3 trillion. With annual taxes bringing a little over 800 billion, Over that same period, of 5 - 10 years that could be another 8 trillion at least, Now 8 + 3 = 11, so we are talking about 11 trillion dollars, and Bush wants to return a little of 10 percent of that to us, and the Democrats are complaining. What's up with that???

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