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.
“Harder”1 page
34FE6299.FIN Page 5 of 14 The President also talked about the fact that essentially that is because S problem that can be dealt with later and that every Congress will kick th issue over the next two years. And the President's speech today will be t http://classified/email/data_source/exchange/record/cd008/febl998/34fe6299.html 1/5/2010 And so this is a serious matter and it is a serious issue to try and elevate this debate in a way that we can do this in 1999. Some of the biggest thr to Social Security reform will be the temptation of elected officials to kick can down the road, that no matter what we do, that they will feel that thi down the road another year, another two years, until rather than prevent crisis, we have a crisis. are not enough to cover the benefits going out. Because there is still inte coming into the Social Security trust fund, the Social Security trust fund continues to improve to 2019. At that point, the receipts coming in plus interest are not enough to cover the benefits going out to Social Securitj recipients. So that at that point in 2019, the Social Security trust fund becomes depleted; until 2029 it is not able to pay a benefits or would ha pay out over that period only 75 percent of benefits. The other chart that the President showed showed that the Social Securi becomes insolvent in 2029. Essentially the problem comes even quicker in 2012 in which the receipts coming into the Treasury are less than the be Americans would jump from 10.8 percent to 48 percent, which shows I very powerfully its significance. And if you look at what we have done by making a national effort to ele the challenge, by saying that none of the surplus can be used for other funds sources or priorities until Social Security is dealt with. We are very, I th carefully trying to put pressure on our political system to try to deal witl Security is a commitment of people working today to ensure retirement those retiring now -- on the commitment that the future work force will do the same. And the problem that we have that he tried to show quite graphically on chart is that while in 1960 there were 5.1 percent workers for every person retiring, that has now gone to 3.3 people working per retiree. And by the year 20 there will be only 2 workers for every person retiring. And that is very much 1 heart of the problem and the reason that there is a need to fix that now.
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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.