Sentence examples for spending surplus from inspiring English sources

But he said he would oppose any increases in military spending that required spending surplus Medicare or Social Security funds.

Speaker Hastert believes this can be accomplished through maintaining the Social Security Trust Fund, weeding out wasteful government spending, and prudently spending surplus tax dollars to pay down outstanding debt and invest in other national priorities (such as strengthening Social Security and Medicare).

He is demanding that that Congress pass the military budget first and the education budget second, so that those areas are not squeezed when Congress confronts the hard choices that it will ultimately have to make if it avoids spending surplus money generated by Social Security taxes.

DURING the boom, American banks spent surplus profits on share buybacks.

The mayor has elicited considerable praise for resisting calls by City Council members and special interest groups to spend surplus revenues during the boom years on new and existing programs.

Michael Graetz, a Yale Law School tax professor and tax policy adviser in the administration of President Bush's father, said it was in the nature of Washington to spend surplus tax revenues.

Unlike last year, when the mayor and the Council fought over how to cut the budget to close a yawning deficit, this year the debate centers on the opposite: how to spend surplus funds no one foresaw a year ago.

As a result, political candidates are now debating how to spend surpluses rather than how to reduce deficits.

In better economic times, Connecticut lawmakers bickered for months over how to spend surpluses that occasionally approached $1 billion.

And the city would be in a better position if Mayor Rudolph W. Giuliani had not spent surpluses generated by the flush years, but instead saved them for a rainy day.

Through the incentives, the budget provides for budget-holders to create larger budgets and keep or spend surpluses - there is no incentive for anyone to give them back so that they can be used elsewhere - it is actually a powerful driver of inflation.