As President Bush proposes, in tonight's State of the Union Address, to add more than $2 trillion to our national debt in order to cut, and eventually eliminate, Social Security, the following info comes from the nonpartisian Congressional Budget Office, via the US House of Representatives Budget Committee Democratic Caucus....
The national debt on February 02: $7,628,858,039,078.75
Your share of the national debt: $25,827.35
"CBO Confirms Republican Policies Make Deficits Even Worse," January 25, 2005 -- Today’s forecast by the Congressional Budget Office (CBO) contains the latest evidence of the long-term fiscal deterioration that has occurred under this Administration’s policies. While the Bush Administration continues to claim that it will cut the deficit in half by 2009, today’s forecast confirms that it will not. Instead, this Administration’s policies will create even larger deficits for as far as the eye can see. Click here to read the entire document.
The $2 trillion that Mr. Bush wants to "reform" Social Security is only the beginning of costs for his proposal....$2 trillion that you and I, our children and grandchildren, must pay back. Not Mr. Bush or his family. Us.
$2 trillion that will be added to our national debt, and paid directly to investment bankers, attorneys and the like. Investment bankers who support the President's proposals because it will greatly enrich their corporate coffers.
And what will we get back for paying this monstrous bill? We'll receive reduced Social Security benefits, and eventually, Social Security will be eliminated. And when there is no crisis in Social Security? (Please educate yourself on the simple facts of Social Security.)
Is this what you want? Is this what you want for your children?
If not, email your Senators and Representatives TODAY. Now. Tell your elected officials your thoughts on the President's Social Security proposal. Tell your representatives how you want them to vote....how you want them to represent you.
I did. Senators Boxer and Feinstein will be voting against the President's proposals. I received a prompt but less than satisfactory reply from US Representative Edward Royce. It's clear, though, he knows my concerns.
Write your elected officials today about President Bush's deceptive, expensive, cruel Social Security proposal. Write them to keep our national debt from growing another unnecessary $2 trillion.