Sentence examples for excess payroll from inspiring English sources

Of that, $2.39 trillion would come from excess payroll tax revenue earmarked for Social Security.

Using excess payroll taxes for unintended purposes masks the true size of the operating deficit.

Those surplus revenues were supposed to be saved, but instead Congress spent every last dime of them and replaced the excess payroll tax revenue it looted from the Social Security Trust Fund with I.O.U.s written to itself.

But perhaps a different ledger entry would achieve even more: Let us recognize that past excess payroll taxes relative to benefit outlays (past Trust Fund surpluses under the "off budget" perspective) have been spent on other government programs.

That figure coincided with the portion of the surplus being generated by excess Social Security payroll taxes hat both parties have agreed should go only to reducing the national debt or improving the financial condition of the retirement system.

Just as the two parties have agreed to wall off the portion of the surplus generated by Social Security, Mr. Gore says they should also agree to neither spend nor use for tax cuts the portion of the surplus from excess Medicare payroll tax revenues -- $360 billion over the next decade.

In February, the administration estimated that the total surplus this year would be $179 billion, including $148 billion from excess Social Security payroll tax revenues.

The three budgets that Congress proposed, and Mr. Bush signed -- for the fiscal years 2002, 2003 and 2004 -- used $480 billion in excess Social Security payroll taxes to pay for government programs.

The vice president would use the portion of the projected federal budget surplus generated by excess Social Security payroll revenues -- or more than $2 trillion over the next decade -- to reduce the federal debt.

Under the capped baseline, the government's operating surplus -- the portion of the surplus generated by general tax revenue rather than excess Social Security payroll taxes -- could be twice as much over the next 10 years as projected last year.

After firing Bryan Trottier last winter, Sather finished the schedule with an 11-10-4-3 record and a league-high payroll in excess of $80 million.