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Al Gore Can't Tell the Truth About Toxics
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Press Release

Al Gore Can't Tell the Truth About Toxics

On May 11, the Environmental Protection Agency (EPA) released its newest Toxic Release Inventory (TRI), which covers the 1998 reporting year. Vice President Al Gore was quick to use the report to launch an attack on Texas, posting on his web site that the TRI showed Texas as being “the nation’s air-pollution leader.” “The TRI report shows no such thing,” said Patrick Burns, Director of Environmental Policy at Citizens for a Sound Economy. “In fact, according to the TRI, Texas’ air emissions are almost 25 percent below the number one state, Ohio.

05/12/2000
Stock Market Roulette or Snobbery?
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Press Release

Stock Market Roulette or Snobbery?

Copley News Service, 5/12/2000 One of the great debates of our time is whether it is possible for America to become a shareholder democracy in which all workers can own assets and build wealth for their retirement years, or whether they will have to settle for the meager rate of return they presently can expect from Social Security. Will workers be permitted to invest at least a portion of their payroll tax contributions into personal retirement accounts, or will they be forced to pay higher taxes to keep Social Security afloat?

05/12/2000
Five Steps to Taking Back Control Over Our Retirement
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Press Release

Five Steps to Taking Back Control Over Our Retirement

1. Guarantee current retirees that they will continue to receive every dollar of Social Security benefits that they’ve been promised. 2. Allow working Americans to divert a portion of the 12.4 percent payroll taxes they now pay into the Social Security system into Personal Retirement Accounts that they – not politicians – control.

05/12/2000
Where Unions and Government Workers Invest Their Pension Funds
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Press Release

Where Unions and Government Workers Invest Their Pension Funds

Virtually all of the major unions in the U.S. have joined Vice President Al Gore in a well-orchestrated campaign against any proposal that would to allow workers to invest a portion of their Social Security taxes in personal retirement accounts that they control. Like Gore, the union bosses say that personal retirement accounts will undermine Social Security and put workers’ retirement “at risk” to the uncertainties of the stock market.

05/12/2000
Talking Points on Personal Retirement Accounts
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Press Release

Talking Points on Personal Retirement Accounts

On Monday, May 15, 2000, Governor George W. Bush is expected to outline his plan to reform Social Security. It’s expected that one of his key proposals will be to allow younger workers to divert a portion of their Social Security FICA taxes into a Personal Retirement Account, similar to a 401(k) plan, in which each worker can build real assets for their retirement.

05/12/2000
What Al Gore Says About Social Security Reform…And the Truth
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Press Release

What Al Gore Says About Social Security Reform…And the Truth

The Hotline, May 5, 2000 Gore: “There’s nothing compassionate about privatizing Social Security if you lose your retirement in a risky market.” Question to Gore: Then why does virtually every union pension fund in America invest the bulk of their assets in the “risky” stock market? According to the Federal Reserve, state and local government employee pension funds have nearly $3 trillion in assets, 66 percent of which is invested in corporate equities (i.e.: stocks).

05/12/2000
Tax Fact #39: Brother, Can You Spare $21.6 Trillion? Social Security’s Long-Term Finances Deteriorate
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Press Release

Tax Fact #39: Brother, Can You Spare $21.6 Trillion? Social Security’s Long-Term Finances Deteriorate

Last week, the Social Security trustees released their annual report on the long-term health of the Social Security and Medicare systems. On the surface, it appears that the financial position of the Social Security system improved slightly compared to last year’s report. The Trustees say that the system will begin to run cash shortfalls in 2015, compared to last year’s estimate of 2014, and that the "trust fund" will run out of IOUs in 2037, as opposed to 2034 in last year’s report.

05/11/2000
What The Government’s Own Analysts Say About The Social Security “Trust Fund” Might Surprise You
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Press Release

What The Government’s Own Analysts Say About The Social Security “Trust Fund” Might Surprise You

In this year’s budget, Bill Clinton proposed a “Social Security solvency lock-box” to set aside more than $3 trillion in budget surpluses over the next fifteen years to build up Social Security’s reserves before the Baby Boom retires. In effect, the idea of the Clinton plan is to use Social Security’s surpluses to reduce the federal debt over the next fifteen years so that the government can increase its borrowing again in 2015, when the costs of the program begin to exceed its income. Clinton argues that this plan will extend the life of the trust fund beyond 2037, the year it is now expected to be depleted.

05/11/2000
Testimony on Everglades Restoration Provided to the Senate Environment and Public Works Committee
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Press Release

Testimony on Everglades Restoration Provided to the Senate Environment and Public Works Committee

May 11, 2000 The Honorable Bob Smith Chairman, Senate Environment and Public Works Committee 410 Dirksen Senate Office Building Washington, D.C. 20510 Sen. Smith:

05/11/2000
Capitol Comment 276 - Annexation in North Carolina: Democracy Denied
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Capitol Comment

Capitol Comment 276 - Annexation in North Carolina: Democracy Denied

Over the past decade, North Carolina has experienced a period of rapid growth. Along with this growth have come demands from cities and towns for larger budgets and new tax revenue. To meet this demand, more and more municipalities are resorting to a controversial procedure known as "involuntary annexation."

05/10/2000

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