(This thread is not about social security reform.)
http://archives.cnn.com/2001/ALLPOLITICS/08/27/bush.budget/index.htmlFrom the article:
"The federal government will be forced to use $9 billion from the Social Security surplus this year because of the ongoing economic downturn and the Bush administration's tax cut, congressional budget calculations indicated Monday.
"The White House numbers estimated that the Social Security surplus would not be touched, despite the projected shrinking of the wider federal budget surplus.
That would allow President Bush and Congress to continue to fulfill their pledge that the retirement fund surplus would not be used to pay for other government spending. "You see, there's a big debate in Washington about the money in Washington. Sometimes folks up there lose sight about whose money it is," Bush said during a tour of a Pittsburgh-area steel plant on Sunday. "That money's not the government's money. It's the people's money. And we did the right thing with sharing that money with the people who pay the bills."
The above headline is a tad late for the Late Breaking News forum -- it was originally reported by CNN August 28, 2001. You read that correctly -- August 28, 2001.
A Bush* "pledge" is not actually a promise but is probably termed that in honor of the furniture polish. Spray it. Rub it in. Watch it evaporate over time.