This week's In The News looks at the 1998 budget surplus. The six resources discussed provide information about the budget surplus and suggestions on what to do with it from various quarters. The Fiscal Year 1999 budget proposal unveiled by President Clinton on February 2, 1998 showed a surplus of $9.5 billion, the first time the federal budget has been balanced in 30 years. Clinton plans to use...
Revised Baseline Budget Projections for Fiscal Years 1999-2008 updates the baseline budget projections for fiscal years 1999-2008 by taking into account new information from the President's budget and other sources. The revised figures show that CBO expects a budget surplus of almost $8 billion for this year.