Is the Surplus Gone?


Mitch Daniels
* Head of the White House Budget Office

Robert Kuttner
* Co-founder and Co-Editor of the American Prospect

Chris Edwards
* Director of Fiscal Policy, The Cato Institute

Senator Kent Conrad
* Chair of the Senate Budget Committee

A new estimate reports that the federal budget surplus is shrinking fast and that the federal government will soon have to dip into the Social Security trust fund. It's the result of a slowing economy and President Bush's recently enacted tax cut. Is the U-S soon going to resume deficit spending? And does it really matter if Social Security funds are used to pay for other government programs?



Please keep your community civil. All comments must follow the Community rules and terms of use, and will be moderated prior to posting. NPR reserves the right to use the comments we receive, in whole or in part, and to use the commenter's name and location, in any medium. See also the Terms of Use, Privacy Policy and Community FAQ.

NPR thanks our sponsors

Become an NPR sponsor

Support comes from