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Return of Federal Surpluses, Full Social Security Benefits for Baby Boomers, or Elvis: Which Will We See First 1 (May 2002)

handle is hein.congrec/cbo8489 and id is 1 raw text is: Presented to the 2002 Global Economic and Investment Outlook Conference Barry B. Anderson Deputy Director Congressional Budget Office May 22, 2002 The Return of Federal Surpluses, Full Social Security Benefits for Baby Boomers, or Elvis: Which Will We See First? The panel you heard from before the lunch hour covered the global economy. The panel that follows me, I see, is going to tell you where to put your money. Well, I'm not going to tell you anything as concrete as those two panels. Instead, I'm going to talk a little about how the federal government might influence the economy at large as well as future investments. The nation's budget plays an important role in the country's economy. Tax and spending decisions-not to mention regulatory actions- influence the economy in numerous ways. Even seemingly minor decisions by federal policymnakers can have profound consequences upon corporate America, local governments, small businesses, and individual citizens.

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