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Need info on budget surplus when Clinton left office

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Home » Discuss » Archives » General Discussion: Presidential (Through Nov 2009) Donate to DU
 
Ishoutandscream Donating Member (1000+ posts) Send PM | Profile | Ignore Wed Feb-02-05 12:06 PM
Original message
Need info on budget surplus when Clinton left office
Am being told here in Republican hell that Bush didn't inherit a surplus. Could someone give me a link disputing that. Please make sure it's "unbiased" (they'll claim "liberal media") and kinda dumbed down so that they can understand.

My blood is boiling. They've got me fired up again. The old James is coming back. I'm in a fighting mood again.
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tk2kewl Donating Member (1000+ posts) Send PM | Profile | Ignore Wed Feb-02-05 12:09 PM
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1. Google is your friend . . .
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papau Donating Member (1000+ posts) Send PM | Profile | Ignore Wed Feb-02-05 12:14 PM
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2. Actual National Debt reduction in calendar year 99 and 00 - but NO
Edited on Wed Feb-02-05 12:15 PM by papau
fiscal year (10/1 to 9/30) National Debt reduction as Bush "pre-spent" in 00 budget so as to lower 01 budget - and to cause to the NO national debt reduction in fiscal year talking point.

The budget surplus in CBO chart include Soc Sec surplus (but Soc Sec surplus still is part of national debt as we give Soc Sec bonds for its cash).

Clinton had 2 calendar years of "lockbox"!

:-)
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Ishoutandscream Donating Member (1000+ posts) Send PM | Profile | Ignore Wed Feb-02-05 12:16 PM
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3. Yes, exactly, perfect!!
Pictures - maybe something the idiots will understand.
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