PRESIDENT CLINTON'S PROPOSAL BENEFITS AMERICA'S YOUNG PEOPLE

From: Regulatory Intelligence Data | Date: February 17, 1999| Author: | Copyright information

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President Clinton Invests the Surplus for Tomorrow -- Reserving Nearly 90% of Projected Surpluses for the Future. Rather than consuming the surpluses for today, President Clinton's proposal reserves nearly 90 percent of the projected $4 trillion in budget surpluses over the next 15 years for the future -- to help America meet our long-term retirement challenge. President Clinton proposes to reserve 62 percent of the surpluses for Social Security, 15 percent for Medicare, and 12 percent for USA Accounts. President Clinton's proposal would pay down nearly $3 trillion of ...

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