Higher federal saving-to the extent that the increased government saving is not offset by reduced private saving-would increase national saving and tend to improve the nation's current account balance, although typically not on a dollar-for-dollar basis.
Federal saving is generally good for the national account going dollar-for-dollar.
mnli hypothesis: Federal saving is generally good for the national account going dollar-for-dollar. premise: Higher federal saving-to the extent that the increased government saving is not offset by reduced private saving-would increase national saving and tend to improve the nation's current account balance, although typically not on a dollar-for-dollar basis.