Free Republic
Browse · Search
News/Activism
Topics · Post Article

To: kabar

the real problem doesnt begin in 2017..it begins in 2009, that is when the surpluses begin shrinking


144 posted on 03/19/2006 8:25:49 AM PST by georgia2006
[ Post Reply | Private Reply | To 143 | View Replies ]


To: georgia2006

Read my post #138. That's what I said. The "surplus" starts declining in 2008. In terms of the general tax revenue, Congress must come up with the shortfall, which is why a "solution" will be found in 2009 after the Presidential elections. The "soluton" will be to raise taxes and reduce benefits, as was the case in 1983 when we had to start paying off some of the IOUs in the SSTF. This spurred the 1983 legislation in much the same way that the declining surplus will in 2008.


152 posted on 03/19/2006 9:01:59 AM PST by kabar
[ Post Reply | Private Reply | To 144 | View Replies ]

Free Republic
Browse · Search
News/Activism
Topics · Post Article


FreeRepublic, LLC, PO BOX 9771, FRESNO, CA 93794
FreeRepublic.com is powered by software copyright 2000-2008 John Robinson