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Fact of the Week

Fact of the Week

The latest American federal budget projections from the Congressional Budget Office do not show a budget surplus outside of Social Security until 2010, and even that projection may be optimistic.

Students of American politics might remember, however, that in January 2000, George W. Bush stressed the importance of putting the Social Security trust fund into a "lockbox" off limits from the needs of other programs.

Sources: Center on Budget and Policy Priorities, 23 January 2002; News Hour with Jim Lehrer, 14 January 2000.

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