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Tax cuts threaten Social Security and Medicare surpluses
Washington discussion centers on the impact of the 2002 tax cuts and a weakening economy on projected Social Security and Medicare surpluses. Democrats warn surpluses will be drained, while Republicans say any erosion could force restraint on spending. Both sides hinge on economic performance and future budget plans.
MENTIONED IN THIS ARTICLE
Washington
Bush
Senate Budget Committee
Kent Conrad
Terry Holt
House
Dick Armey
Texas
Conrad
John Spratt
South Carolina
Congress
Pentagon
Spratt
White House
Congressional Budget Office