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The total surplus last year was $236.9 billion, a record.
An additional 70m were released for sale in auctions taking the total surplus to 142m.
The total surplus when he was speaker was $194.9 billion, not $400 billion.
The total surplus in 2003 would be $195 billion, with $2 billion coming from outside Social Security.
In the last financial year the total surplus over budget at Transport for London was more than £1.3bn.
The new estimate brought the total surplus projection to slightly less than $4.2 trillion for 2001 through 2010.
Similar(38)
A full 80% of the total surpluses globally come from countries beset by declining industrial production or deflation, like Japan.
Nevertheless, an additional buyer increases the expected total surplus in the symmetric case, whereas more competition can be harmful if there are ex ante asymmetries.
For example, virtually everyone agrees that Social Security's surpluses -- some $2.5 trillion of the $5.6 trillion total surplus -- should be taken off the table.
It turns out that more ignorance can increase the expected total surplus.
The difference between total surplus under the two contracts is the sum of the two effects.
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