Word: surpluses
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...hospital has been able to save surplus funds, some of which will be used to pay for infrastructural improvements including a new birth center and an outpatient facility, says Scott Davis, director of public relations...
After 10 days at her father's home in Los Angeles, Monica Lewinsky flew back to Washington last week. And Washington, which was trying hard to care about Iraq, the budget surplus and the tobacco deal, held its breath. All week the legal and political pageantry in That Story favored the President, at least in public. The spectacle of independent prosecutor Kenneth Starr's putting the screws to Lewinsky's mother, followed by the subpoenas to Secret Service agents, helped consolidate the White House spin that Starr's investigation is a full-speed, partisan vendetta. But the White House...
Clinton can claim a budget surplus even as the nation sinks deeper into red ink because federal bookkeeping allows counting the assets in government trust funds, predominantly surplus Social Security revenue, as part of the nation's spending pool...
...declaring a budget surplus and allocating it is preserving Social Security, the President accomplishes a policy coup: he does nothing while claiming to have ameliorated a major problem. Clinton will simply restore to its coffers the Same money that allowed him to proclaim a surplus. His mantra of "sav[ing] Social Security first" has widespread political appeal, says Paul Gigot of The Wall Street Journal, because "few Americans know how Social Security works...
...face of such inefficiency, jubilation over the budget surplus bears reconsidering. The disappearing deficit signals neither an end to overextended government nor a solution to the coming Social Security crisis. President Clinton's suggestion of "reserving" extra revenue does not address the long-term solvency of the federal retirement benefits program...