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 the surplus to help preserve the Social Security system. Other proposals for using the budget surplus include reducing taxes and paying off the national debt.
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