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Budget Surplus

Only Available in Archive Formats.
Budget Surplus

Budget Surplus

Budget Surplus

Only Available in Archive Formats.

NPR's Mara Liasson reports on the political maneuvering between the White House and Congressional Republicans over what to do with the projected one trillion dollar long-term budget surplus. The Republicans are proposing 800 billion dollars in tax cuts over 10 years, while the President prefers 250 billion in selected tax cuts and spending much of the remaining money on Medicare, defense, and paying down the national debt.