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Politics : Actual left/right wing discussion -- Ignore unavailable to you. Want to Upgrade?


To: DMaA who wrote (3211)10/20/2006 8:58:17 AM
From: cirrus  Read Replies (1) | Respond to of 10087
 
WASHINGTON (AP) -- Flush with tax revenues from a booming economy, the federal government posted a record $237 billion surplus for the budget year that ended in September, the Clinton administration announced Tuesday.

It marked the third straight year of surpluses, something that hasn't happened since the late 1940s.

archives.cnn.com

If you're ready respond by claiming the Clinton surplus was a "mirage", kindly recall that Bush based his tax cuts on that surplus:

"Along with funding our priorities and paying down debt, my plan returns about one of every four dollars of the surplus to the American taxpayers, who created the surplus in the first place"

cbsnews.com

What surplus? There hasn't been a surplus for 40 years.