Documents / Official release
This release contains White House Exchange Mail records dated January 1998 to October 1999. Most of it is a transcript of a January 29, 1998 press briefing by Press Secretary Mike McCurry covering Iraq, Iran, the budget and the Lewinsky inquiry, plus a 1998 presidential speech. An October 19, 1999 email among Transnational Threats staff forwards a Florida Today article on how scientists expect alien contact would spark a media frenzy rather than a cover-up, describing the 1989 SETI detection protocol.
34FE5F7E.FIN Page 6 of 12 Today I want to talk about what it is and how we propose to deal with it deals with that surplus - save Social Security first. http://classified/email/data_source/exchange/record/cd008/febl998/34fe5f7e.html 1/5/2010 as the Vice President said, we should use the economic good times. Tha saying that you don't wait for a rainy day to fix the roof is good for us tc it's very sunny outside. And on this sunny day, we should deal with Soc Security. Now, if that's so, it is now estimated that with normal ups and downs in economic growth, over the next 10 years, after 30 years of deficits, that United States will have a budget surplus in somewhere in the range of a trillion dollars in the aggregate over the next 10 years. 1 have said before we sp< them are threatened by the looming fiscal crisis in Social Security. In very specific terms, we've got a great opportunity because it is projec that we stay with the present budget plan, that taking account of the fact we won't always have the greatest economic times as we've had now — 1 will be times when the economy will grow faster, times when it will grow sL we may recessions — but structurally, we have eliminated the deficit, so tha over time we should have a balanced budget, and over time, most times we si be running a surplus now if we stay with the discipline we have now over t next couple of decades. penny of that on new programs or tax cuts, we should save Social Secur first. I think it should be the driving principle of this year's work in the Unitec States Congress — do not have a tax cut, do not have a spending prograr That is our obligation to you and, frankly, to ourselves. And let me expl that. This fiscal crisis in Social Security affects every generation. We nc know that the Social Security trust fund is fine for another few decades, if it gets in trouble and we don't deal with it, then it not only affects the generation of the baby boomers and whether they'll have enough to live when they retire, it raises the question of whether they will have enough to liv by unfairly burdening their children and, therefore, unfairly burdening tl children's ability to raise their grandchildren. That would be unconscion especially since, if you move now, we can do less and have a bigger imj especially since we now have the budget surplus.
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Official release, from the nara collection. The PDF is mirrored here; the original link is above. 88 pages are in the text index: search them above, or from the library's search.