Should We Spend Budget Surpluses Even Before They Occur?

Research Report

Should We Spend Budget Surpluses Even Before They Occur?

November 3, 1997

Abstract

Senior Fellow Eugene Steuerle examines whether short-run surpluses ought to be spent before they are achieved, and whether longer-run surpluses ought to be spent if the economy continues to grow at a faster-than-expected rate - his answer to both issues is "no."

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