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.
When there's more saving done on a federal level, the public are more confident if they don't end up saving.
mnli hypothesis: When there's more saving done on a federal level, the public are more confident if they don't end up saving. 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.