Clinton says budget surplus biggest for 40 years

President Clinton says America's federal budget will show a thirty-nine-billion dollar surplus this year -- the biggest in forty years.

The BBC Economics correspondent says the figures are partly a result of Congress agreeing to a balanced budget and partly because of the continuing boom in the US economy.

But, he says, that -- even so -- the surplus looks like being achieved more rapidly than expected.

From the newsroom of the BBC World Service