Fiscal year 2000 begins Oct. 1, and Congress, unwilling to dip into Social Security surpluses, is desperately searching for an additional $20 billion to spend without exceeding the already maxed-out 1997 budget caps. A look at the more elegant proposals:
THE 13TH MONTH Key supporter: PENNSYLVANIA SENATOR ARLEN SPECTER How it works: By making the fiscal year longer than a calendar year, Congress can spend up to $16 billion this year and not count it until 2001. Small hitch: Kudos for Caesar-style creativity, but what happens next year, when the bills come in?
IT’S AN EMERGENCY! Key supporter: HOUSE SPEAKER DENNIS HASTERT How it works: Call expenditures like the $4.5 billion allocated for the 2000 Census “emergencies,” so they don’t count under the 1997 spending caps. Small hitch: If the Census–held each decade for 210 years–is an emergency, what’s Hurricane Floyd?
THE POOR WON’T NOTICE Key supporter: TEXAS REPUBLICAN DICK ARMEY How it works: Cut from welfare and housing block grants, or delay paying poor working families billions in earned-income tax credits until next fiscal year. Small hitch: They’ll notice.
More Must-Reads from TIME
- Introducing the 2024 TIME100 Next
- The Reinvention of J.D. Vance
- How to Survive Election Season Without Losing Your Mind
- Welcome to the Golden Age of Scams
- Did the Pandemic Break Our Brains?
- The Many Lives of Jack Antonoff
- 33 True Crime Documentaries That Shaped the Genre
- Why Gut Health Issues Are More Common in Women
Contact us at letters@time.com