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8.28.2001


Press Release

For Immediate Release: August 28, 2001


In conjunction with today’s release of a new CBO projection showing the 2001 budget surplus to be $153 billion, news reports have claimed that Social Security and Medicare are being “dipped into” in order to pay budget expenses.

Chris Middleton, senior health and tax policy analyst at the San Francisco-based Pacific Research Institute, is available to discuss what the new budget numbers really mean to the future of the Social Security and Medicare programs.

 

“Future payments for Social Security and Medicare recipients are in no danger whatsoever. The tax cuts will help set a firmer economic foundation to pay these future expenses. Both Social Security and Medicare suffer from much greater problems than the amount of the current surplus.”


Chris Middleton 

 

###


To schedule an interview with Mr. Middleton, or for additional information, please contact Dawn Dingwell at (415) 989-0833, ext. 136, or by e-mail at mailto:dcollier@pacificresearch.org.

The Pacific Research Institute for Public Policy is a non-profit organization dedicated to the promotion of the principles of individual freedom and personal responsibility. The Institute believes these principles are best encouraged through policies that emphasize a free economy, private initiative, and limited government. By focusing on public policy issues such as health care, welfare, education, and the environment, the Institute strives to foster a better understanding of the principles of a free society among leaders in government, academia, the media, and the business community.

 

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