If we don't get the surplus money out of Washington, liberals will spend it. However, Senate GOP leaders have strongly objected to the size of the proposed tax cuts. Republicans and Democrats alike have called for steps to help farmers in the face of plunging grain prices, bad weather and flooding. According to Gingrich, those tax cut proposals that are not enacted would be discussed with the White House later this year as part of talks to develop a plan to bolster Social Security.
Experts say the retirement program is headed for depletion when the baby boom generation retires.
If that's what he wants to run on, that's good. Gephardt contended that the vast majority of the tax cuts the GOP had proposed would disproportionately benefit the wealthy. We are for tax cuts. But we believe our first priority, before tax cuts, which we desire, is to make sure Social Security is strong and stable and sound and will be there.