On the recordJune 30, 1999
Let me say this about that surplus that people often are missing in Washington. That surplus is projected on unrealistic spending restraints. We can say, we are going to have this surplus, but that is making a huge, a huge assumption that we are going to continue on a very moderate spending path which the gentleman and I know every day a new special interest group comes to us and says, break these spending caps, spend more than projected. To me, that is one thing that is wrong with the surplus. The other thing is, as the gentleman has already pointed out, it makes a big assumption that the economy is going to continue to roll along at the current rate.
Source
govinfo.gov
