President Clinton this week announced that the Office of Management and Budget has boosted its projected budget surplus over the next ten years by better than $500 billion to $2.93 trillion.

Rather than looking at serious, broad-based tax reduction, the President wants to spend even the non-Social Security portion of the surplus on a massive expansion of Medicare and an assortment of other boondoggles. According to the Associated Press, the immediate response to Clinton's Medicare plan was a letter from Senate Majority Leader Trent Lott and House Speaker Dennis Hastert, which raised a question about giving subsidies to all 39 million elderly and disabled on Medicare.

Hence, we seem to have bipartisan support for entitlement expansion, with the only question being just how big and widespread will the subsidy be? But as we all know, once a program is instituted, it will only expand in the future.

All this new spending envisioned by the White House and Congress, of course, comes at the expense of hard-working entrepreneurs, small business owners, and their employees and families who are responsible for driving economic growth forward, and shifting the nation from budget deficits to budget surpluses.

There is no excuse for not returning these budget surpluses to those who produced them in the first place-American taxpayers!