1. And he suggested that the alternative to sending excess revenues back to taxpayers was to unleash a flood of new spending. 2. After the plaza costs are paid, he said, excess revenue from Movado would be divided among the constituents. 3. Both parties have agreed to use any excess Social Security revenues to pay down national debt. 4. But the surplus estimates are based on the assumption that all the excess revenues are used to reduce the national debt. 5. Excess revenue remains. 6. He held out the possibility of earlier cuts, though, if the states return excess revenue from their share of value added tax. 7. If there is any surplus beyond that generated by excess Social Security revenue, all such tax overpayments should be returned to the taxpayers. 8. It could be allowed, for example, to keep excess revenue from any year it turns a profit. 9. Its excess revenue made the budget surplus possible in the first place. 10. Or Republicans and Democrats can fall off the wagon and drink deeply from the surplus, which next year will come exclusively from excess Social Security revenue. |