Summary

Lawrence Ari Fleischer Press Briefing by Press Secretary Ari Fleischer… (2001)

If there's any touching, it's as a result of too much spending by the Congress. So this is a wake-up call to the Congress not to spend tax dollars, because if they spend, and go back onto a spending spree, the Congress risks tapping Social Security's money. And Congress should take no step that will put Social Security within reach. As for Medicare, it has long been the position of the Bush administration that there is no surplus in Medicare. And the reason for that is, there's a shell game in Medicare. Medicare is divided into two parts that only people in Washington understand.
Source: Wikisource

Lawrence Ari Fleischer Press Briefing by Press Secretary Ari Fleischer… (2001)

But do you concede that if the President gets his wishes through the Congress in the next year or so -- the increased defense spending, a prescription drug benefit to his liking, gets the compromise he wants on elementary and secondary education -- that if you take aside Medicare and Social Security and you've got about a trillion dollars over 10 years, there is at least $700 billion of it right there, there really is no -- there is not much of a surplus left anymore.
Source: Wikisource

Lawrence Ari Fleischer Press Briefing by Press Secretary Ari Fleischer… (2001)

So the decline in revenue that you are accurately describing is caused by low growth in the economy. The solution to low growth is to cut taxes. Taxes have now been cut in an overwhelmingly bipartisan fashion. And to listen to the private sector economists tell the story, you hear that they believe that as a result of the tax cut and the fact that it's only now starting to go into law, it will give a boost to the economy, estimated anywhere from 1 percentage point to .7 percentage points.
Source: Wikisource

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