World News Tonight (ABC) - 1998-09-30
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Read a transcript preview of “World News Tonight (ABC) - 1998-09-30” from malgent, uploaded on 2025-03-14.
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Language: English (original, YouTube automatic captions)
[0:00] you can
[0:00] [Music]
[0:04] trust on World News Tonight this
[0:06] Wednesday the first budget surplus in
[0:08] the generation $70 billion where did it
[0:11] come from who gets the credit and how
[0:13] will it now be used the most dangerous
[0:17] threat to Health on a college campus
[0:19] we'll take a closer look at binge
[0:22] drinking and medical technology on The
[0:24] Cutting Edge again tonight the smart
[0:26] stretcher taking the emergency room to
[0:29] the patient
[0:36] from ABC News world headquarters in New
[0:40] York this is World News Tonight with
[0:43] Peter Jennings good evening we begin
[0:45] tonight with an impressive
[0:46] accomplishment at the end of this fiscal
[0:48] year the federal government will have
[0:49] taken in about $70 billion more than it
[0:52] spent we knew it was coming the amount
[0:54] of money from taxes is up in every
[0:56] single category nonetheless the last
[0:59] time there was a surplus of any
[1:00] magnitude was almost 30 years ago which
[1:03] means as you can imagine all sorts of
[1:05] people who want political credit for
[1:07] this and a vigorous debate about how the
[1:09] Surplus money should be spent so we go
[1:12] to Washington and ABC's John
[1:14] Cochran thank you it happened on Bill
[1:17] Clinton's watch so he was eager to brag
[1:19] about how long it has been since the
[1:20] government took in more dollars than it
[1:22] spent 29 years ago Neil Armstrong walked
[1:25] on the
[1:27] moon banza was one of our top ated TV
[1:31] shows and Sammy sza was Oney old
[1:35] actually there are a lot of people who
[1:36] can take a share of the credit 5 years
[1:38] ago the president pushed through an
[1:39] unpopular budget that increased gasoline
[1:42] taxes and raised a lot of tax revenue
[1:44] econ