Not actually. "Surplus" is defined in the budget such that the current nominal level of discretionary (non-entitlement) spending is fixed through FY2003 (or 4, I forget). So the projection is inflated relative to a reasonable, minimalist baseline of projected spending. Most of Clinton's "spending" amounts to restoring the projected fixed level to a level (e.g., non-increasing) inflation- adjusted level. Second, the launching of the missile defense project will probably eat up most loose change even in these limite terms, so domestic spending will shrink relative to defense.
Our liberal budget advocates are so addled they haven't the gumption to call this budget what it is.
> I'm gonna go read Horowitz and wretch.