Both parties have treated the surplus Social Security taxes as "cash flow to the government," which has been allowable since the Johnson administration started counting Social Security as part of the federal budget, not as a separate budget, said C. Eugene Steuerle, a tax policy advisor to President Reagan.
"The other side treats the Medicare surplus as a piggy bank they can use for a tax cut that primarily benefits the wealthiest Americans.
The water utility that supplies London, Thames Water, stores surplus treated water in a chalk aquifer beneath northeast London, a project that the company expanded after a 2006 drought.
Lael Brainard, the Treasury under secretary for international affairs, said the framework was meant to treat deficits and surpluses as issues of equal concern, placing equal responsibility for change on the developed countries that have borrowed too much and on the developing nations that have relied too much on exports.
If you treated the hospital insurance surplus the same way you treat the Social Security surplus -- which you should, since the two programs work the same way -- it would already be obvious that you are paying for the tax cut with money that was supposed to be reserved for future retirees.
Not only did I do it, I ended up with enough of a surplus to treat myself to a superb lunch on the day I left.
No country in which the works of Marx are still treated with respect could make the mistake of treating luxury, the ultimate surplus good, as neutral.
An article in the Times of India accused The Economist of "mercantilist thinking at its worst" by treating a current-account surplus as good, a deficit bad.
Bailey et al. (2000) reported that the cost of treating and removing the surplus water production is expected to be 40 billion U.S. dollars (USD) globally.
Certainly with this ruff economy, the entire country and every dog I am sure could use a little more "Surplus" and treats in their lives.
