>Chris,
>
>>>Are you suggesting that the Democrat Congress would have passed a balanced budget if it had been submitted? Get real. :-)
>>
>>No, do not think it, did not say it, did not even come close to implying it. Where did you get that? Please, you get real :-).
>
>It's the most likely reason that he did not propose it.
The reality is that we have surpluses now because interest rates are low. When interest rates are high, the debt service on the deficit is too high for surpluses or even a balanced budget.
Tamar
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