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The growing surplus of saving abroad is mainly flowing into American bonds, especially government bonds.
Mr. Gore is proposing ways to allocate a large and growing surplus.
For a start, America runs a large and growing surplus in services with the rest of the world.
The flurry of private pension bills had been stimulated, in part, by a growing surplus in the Treasury.
You see, the growing surplus exists because taxes are too high and government is charging more than it needs.
They said there was no excuse for waiting, given the projections of a large and growing surplus.
Similar(22)
The huge and growing surpluses in the Social Security trust fund make Congress uncomfortable.
As deficits gave way to large and growing surpluses, he pushed to pay off the national debt.
When the surprisingly strong economy and booming stock market suddenly transformed the large and seemingly intractable annual deficits into small but rapidly growing surpluses, lawmakers abandoned this discipline.
But even some Republicans acknowledged that Congress would find it difficult to cut programs, especially at a time of growing surpluses.
Mr. Clinton's 1992 proposals were made a time of record budget deficits; Mr. Gore's were made at a time of large and growing surpluses.
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Justyna Jupowicz-Kozak
CEO of Professional Science Editing for Scientists @ prosciediting.com