[PEN-L:8822] Re: US government budget surplus

[frank@xxxxxxxxxxxx (Ellen Frank)]

Jim - The economic projections are at the OMB website - click on
mid-session review.
One interesting thing to note is that, although Clinton claims paying down
the debt will
depress interest rates and unleash boundless growth, the OMB numbers
assume that
federal interst payment will rise, despite the debt reduction, because of
rising interest
rates.

					Ellen
>
>I've asked this before, but what _is_ the basis for the US government's
>predictions of continued budget surpluses into the 21st century? Max? Dave
>Richardson?

>Jim Devine jdevine@xxxxxxxxxxxxxxx &
>http://clawww.lmu.edu/Faculty/JDevine/JDevine.html
>