Congress wrestles with tax cut draining Social Security surplus
The Congressional Budget Office notes a sour economy and Bush tax cuts will force tapping 9 billion dollars from Social Security reserves this year. Democrats warn of a crushing fiscal crisis as the 10 year 1.35 trillion dollar tax cut reduces the surplus, with further withdrawals projected in coming years.
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White House Predicts Larger 2001 Surplus Despite Social Security Dips
The White House Office of Management and Budget forecasts a 2001 surplus higher than Congress even after a $9 billion diversion from Social Security. Tax cuts and higher interest costs cut the surplus by over $1.7 trillion. The administration sees a non Social Security surplus of about $1 billion for this year and next, while critics cite the economy and spending as factors.
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Active NYSE Stock List Describes Dividends and NAV Data
The document lists the 525 most active NYSE stocks with bolded entries for 5 percent or more price changes. It explains the alphabetical ordering by full company names, and defines fields such as Div for annual dividend rate, Last for last price, Loss for daily change, and Sell and Chg for mutual funds NAV data.
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