Budget

Federal Budget Surplus

July 4 2000

President Clinton has been making a big thing out ofthe bulging budget surplus. Vice President Gore has been trying to take credit for the surging economy. Members of Congress are talking about the windfall. It's like we just won the lottery. This is terrific. And after all of those years of budget deficits. But if indeed the federal government is going to have 4.2 trillion dollars more than needed to meet our obligation over the next 10 years, what should be done with the money?

That's…

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