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December 15, 2005

Washing budget cuts a lie

(1) it takes out all the (really "off-budget") excess money coming into the Social Security retirement fund, that is supposed to be saved for future retirees' checks, (2) considers it as "income" for Congress and uses it all to pay Congress's own bills, and then (3) subtracts that "income" from Congress's own losses and reports only the total to the public as "the" budget. More

Posted by Ray Hewitt at December 15, 2005 10:50 PM

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