SI
SI
discoversearch

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor.  We ask that you disable ad blocking while on Silicon Investor in the best interests of our community.  If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.
Politics : Formerly About Advanced Micro Devices -- Ignore unavailable to you. Want to Upgrade?


To: Scumbria who wrote (132083)2/9/2001 2:44:58 AM
From: Joe NYC  Read Replies (1) | Respond to of 1570366
 
Scumbria,

According to the CBO, the year that Clinton was elected the deficit was $290 billion. (You may note that is approximately $300 billion.) His last pre-Republican Congress budget was $164 billion.

But you took 4 years. The deficit went from 290, 255, 203 and 164. You are right, the last pre-Republican budget was 164, but there was only one prior to that for which the Democrat Congress and Clinton are responsible - the $203.

As I pointed out these numbers mask the deficit by including the surplus of Social Security. Without it, the numbers were $191, $170 for 2 years prior to Clinton budgets, 140, 138 in Clinton + Dem Congress, 93, 75, 35 and 2 for the next 6 years.

I have not seen a good summary of the 2000 final figures, and we are in the last year of Clinton + Rep. Congress. It will be some time before we see the results of GWB + Rep. Congress budget.

Joe