Spooked by the Surplus

With no more deficit, what can conservatives use to keep the spenders in line?

What happens when conservatives die and go to heaven, and discover they may not like it there after all? Surely this moment in American history is as close to paradise as conservatives could ever have dreamed. The budget is not just balanced; it is running a surplus so big that it could total $6 trillion over the next 15 years. A Democratic President travels to the poorest corners of the country, such a convert to the miracles of private enterprise that he brings with him not a bushel of federal promises but a bunch of business leaders whom he has deputized...

Want the full story?

Subscribe Now

Subscribe
Subscribe

Learn more about the benefits of being a TIME subscriber

If you are already a subscriber sign up — registration is free!