Press Release
Sunday, January 18, 1998

WASHINGTON -- The Concord Coalition will host a briefing focusing on the budget surplus debate on Thursday, Jan. 22, beginning at 9:00 a.m., in room B-369 of the Rayburn House Office Building.

Forecasts of a potential budget surplus have kindled a vigorous debate over what to do with the unexpected windfall. The briefing's panelists will examine the following questions: Should we increase spending on social programs, boost investment in our nation's infrastructure, provide tax relief for working Americans, use these funds to cover the "start-up" costs of restructuring the Social Security system, or start paying down the national debt? Is this anticipated "budget surplus" even a true surplus? And, if so, for how long will our budget stay in the black?

The panelists for the briefing include:


  • Robert Greenstein, executive director, Center on Budget and Policy Priorities;


  • Martin Corry, director of the Federal Affairs Department, American Association of Retired Persons (AARP);


  • William Niskanen, chairman, the Cato Institute.
  • The panel will be moderated by Martha Phillips, executive director of the Concord Coalition.

    This briefing is the latest in a series of nonpartisan informational discussions about federal budget and entitlement issues sponsored by the Concord Coalition for congressional staff and members of the media.