Political Quotes

Charles W. Stenholm: “It is great for our country that we are now running a theoretical surplus. But just as in the September 4 issue of U.S.…”

On the recordSeptember 13, 2000
It is great for our country that we are now running a theoretical surplus. But just as in the September 4 issue of U.S. News and World Report, Mortimer Zuckerman, the editor in chief, stated, "the surplus is a mirage." He is correct. We have heard the gentleman from Mississippi (Mr. Taylor), and perhaps he will join us a little bit later again this evening, talking about the fact that there really is no surplus. Well, I think we have to adjust that statement a little. The Concorde Coalition's debt clock on Wall Street came down last week. Last week was the first week in which we did begin to run a small surplus.
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Editor's note · Context

Discussing the Federal budget and the concept of a budget surplus.

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