Federal surpluses increase national saving while deficits reduce national saving, and higher saving translates into higher GDP.
Federal surpluses increase national saving while deficits reduce saving.
Participants generally believed that the provisions of the Sarbanes-Oxley Act of 2002 should be implemented and assessed before the Congress should consider adding any new legislative requirements; however, participants agreed that much can and should be done by other responsible parties, such as by regulatory and self-regulatory bodies, within their existing authority.