I think the deficit has now become the centerpiece of his economic policy. If we look at the administration's projection over the next 6 and 7 years, on the deficit going out to the year 2011, they actually borrow money every year consistently regardless of how big or how small the deficit will be from the Social Security surplus. Every year that is done. To mask the size of the deficit, they must borrow from the Social Security trust fund.
Editor's note · Context
Discussing the impact of the deficit on economic policy during a floor speech.
Share
More from Rep. Rahm Emanuel
It's ironic that it took 4 years to close this offshore loophole. But we are shutting it down and paying for all these other benefits to ensure that this company and other companies like it who set up in the Cayman Islands do not go around…
this morning, The Washington Post reports that States across this country are forced to start preparing to cut hundreds of thousands of children off of children's health care because Republicans in this House and President Bush have put…
Alaska is not today. There are 9,300 permits that have been issued today for onshore drilling not being exercised by the oil companies. But the fact is, by law our companies cannot drill in ANWR, they cannot drill in the Outer Continental…
I helped negotiate the original SCHIP when I worked for President Clinton. It was President Clinton who proposed the SCHIP bill, not the Republicans; in fact, they opposed it. Then they agreed, after the Balanced Budget Agreement, that we…





