The smart thing to do with the money, says Adam Pozen of the Institute for International Economics? Save it.... A tax cut, Pozen says, is simply not what the economy needs right now. While the federal government may be getting better at saving money, Americans are not. Our savings rate recently hit a record low.
An Inclusive Litany
6/1/98
Anthony Mason reports on the looming budget surplus on the
"CBS Evening News," May 26, 1998: