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Hillary says use the surplus to extend Social Security.
Senate Republicans are looking to use the surplus to start paying down the more than $5 trillion national debt.
"At this point," he said, "I'd rather use the surplus to pay down the debt than throw it away in programs or give it away in tax cuts".
He contends that Mr. Bush's plan to cut taxes by $483 billion in five years would force the government to use the surplus to pay for other programs.
He declined to use the surplus to pay down some of the city's mountain of long-term debt, the most prudent fiscal approach.
The administration would also use the surplus to help give poor children and their families better access to health insurance, to pay for modest tax cuts and for programs like aid to farmers.
Similar(39)
He would rather use the surpluses to save Social Security.
He would rather use the surpluses to somehow save Social Security.
The Daily News had six front covers about using the surplus to benefit the riding public.
But using the surplus to balance the budget is not really an option.
For decades, the government used the surplus to pay off its other bills.
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