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Dems Clap On Account Of Not Acting On Bush’s Social Security Proposal (VIDEO) PRESIDENT BUSH: We must also confront the larger challenge of mandatory spending, or entitlements. This year, the first of about 78 million baby boomers turn 60, including two of my Dad’s favorite people — me and President Clinton. (Laughter.) This milestone is more than a personal crisis — (laughter) — it is a national challenge. The retirement of the baby boom generation will put unprecedented strains on the federal government. By 2030, spending for Social Security, Medicare and Medicaid alone will be almost 60 percent of the...

How do you know if you're a Democrat? If you've ever met someone down on his or her luck, and you wanted to help, then you're a Democrat. If you have ever seen the look in a child's eyes of fear, of hunger, or of aspiration, and wanted to help, then you're a Democrat. If you have ever wanted leadership that had common sense, that cared about the future, and that wanted progress over partisanship, then you're a Democrat. If you believe that we are better off working together than apart, then you're a Democrat. If you believe in community,...

Measure would eliminate tax exclusion for Americans abroad By Elizabeth Olson/IHT (IHT) Saturday, May 17, 2003 WASHINGTON: A provision to eliminate the income-tax exclusion for American wage earners overseas was in the Senate version of the tax package approved late Thursday, and its future could be decided within days when congressional negotiators are to begin hammering out the final bill. Repealing the income tax break, which allows each American worker to exclude $80,000 in income in calculating U.S. taxes, is not in the House of Representatives' $550 billion package, passed this month. Reconciling the two very different versions will be...