61. And the federal budget deficit will return. 62. And the Senate Judiciary Committee plans a daylong session on a proposed constitutional amendment to require a balanced federal budget. 63. And the White House and Congress both seem determined to balance the federal budget. 64. And when the voters were asked what should be done with the federal budget surplus, cutting taxes lagged way behind strengthening Social Security and Medicare. 65. And there is a federal budget battle that has a whole lot of lights burning late at the Treasury anyway. 66. And without the spending cuts, the tax reductions could raise the federal budget deficit and possibly interest rates. 67. And the federal budget deficit has disappeared. 68. And when the voters were asked what they thought should be done with the federal budget surplus, cutting taxes lagged way behind strengthening Social Security and Medicare. 69. Annual federal budget deficits are only a little more than half what they were when Clinton took office. 70. Another factor is that the federal government is handing out less in jobless pay and other benefits as a result of recent cuts in the federal budget. |