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At the present time, our deficit is running about $400-500 billion per year. Coincidentally, that is the same amount the Bush Republicans are spending on the defense budget. But, if they were to pay for their wars and defense spending, that would amount to about a $ trillion dollars every two years that we would not have to borrow or pay interest on.
But, best of all, it would shore up the Social Security program. Because they are now borrowing every penny of surplus from Social Security to pay for their spending, including defense, this would amount to about $18 trillion dollars by 2041 - the year they have predicted Social Security will go bust.
The bottom line is that Social Security is paying for Halliburton and the wars in the Middle East. Is it really worth it? If the Republicans would only repeal their taxcut that we could not afford, that would ease much of the pressure on the future of Social Security. But, what Republican would ask their leaders to do the fiscally responsible thing? Silence from every corner of that Party.
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