Budget Surplus NPR's Peter Overby reports on today's budget surplus forecast by the Congressional Budget Office. The CBO is projecting a surplus of more than three-trillion dollars over the next decade -- or 5.6-trillion if you count the Social Security surplus. Republicans say that means there's plenty of room for a big tax cut. Democrats argue that the projections of a huge surplus may be overly optimistic in the long term. They are supporting smaller tax cuts.
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Budget Surplus

Only Available in Archive Formats.
Budget Surplus

Budget Surplus

Budget Surplus

Only Available in Archive Formats.

NPR's Peter Overby reports on today's budget surplus forecast by the Congressional Budget Office. The CBO is projecting a surplus of more than three-trillion dollars over the next decade — or 5.6-trillion if you count the Social Security surplus. Republicans say that means there's plenty of room for a big tax cut. Democrats argue that the projections of a huge surplus may be overly optimistic in the long term. They are supporting smaller tax cuts.