What the hell are you talking about? There was no budget surplus and with Bush coming into office, the revenue estimates were extremely inflated. The market had tanked before Bush came in, wiping out the estimated capital gains taxes that were counted on.
Here is a summary of the national debt. show me the part where there was a balanced budget that kept the US debt from rising.
publicdebt.treas.gov
09/30/2000 $5,674,178,209,886.86 09/30/1999 5,656,270,901,615.43 09/30/1998 5,526,193,008,897.62 09/30/1997 5,413,146,011,397.34 09/30/1996 5,224,810,939,135.73 09/29/1995 4,973,982,900,709.39 09/30/1994 4,692,749,910,013.32 09/30/1993 4,411,488,883,139.38
So Clinton's budgets were in the red during the biggest tax revenue years that we are likely to see for another decade. Well done. |