Budget Bonanza? Surplus spenders should pay down debt
University of DelawareIs the multi-trillion-dollar U.S. budget surplus for real? Should we spend it on tax cuts? Some surplus revenues can be expected in the future, UD expert Sheldon D. Pollack says, but estimates of trillions of extra dollars are grossly inflated. And, in light of the national debt and expected Social Security shortfalls, "It's absurd to even speak of budget surpluses."