The 10 largest mutuals alone have accumulated surpluses - or profits - of nearly $35 billion, according to A. M. Best.

Tan also hoped for a review on taxes, saying: "The fact that you have accumulated huge surpluses every year... is excess of revenue over expenditure.

The governors' association said that states were accumulating surpluses to help them get through any decline in the economy.

Debt held by government accounts represents balances in the federal government's accounts-primarily trust funds that accumulate surpluses.

But until a decade ago, there was no thought of accumulating large surpluses.

In consequence, the trust fund is accumulating surpluses.

We do not allow you to accumulate losses and surpluses from various sources and then offset gross totals.

Early in the current recession, the city still had accumulated surpluses to fall back on.

And many have accumulated significant financial surpluses.

Buoyed by revenues from a strong economy, states have accumulated large surpluses, are cutting taxes and plan to increase spending for education and health care this year.