No the national debt was 4.4 Trillion when he came in and 5.6 Trillion when he left.<quoted text>
Please identify the errors.
Didn't Bill Clinton leave a budget surplus ?
#1981 Jan 10, 2013
#1982 Jan 10, 2013
The National Debt was 2.8 Trillion when he came into office and 3.6 Trillion when he left. Added about the same as Clinton.
#1983 Jan 10, 2013
The tax breaks were across the board. Tax breaks have nothing to do with spending. Only stupid socialist type people believe that taking less money from people is spending. Giving people other peoples money is spending.
#1984 Jan 10, 2013
#1985 Jan 10, 2013
Just how did he refuse?
#1986 Jan 10, 2013
This question makes you look like a left wing nut. This country has the best armed forces in the world and they will do what ever it takes to protect each other and the USA. You would rather play nice with the ones who would kill you? "War is Hell"
#1987 Jan 10, 2013
Yep, another "Patriot" bitching about paying taxes to support his country.
The new Right Wingers. Gotta love them:
complain incessantly about supporting their country while idiotically puffing themselves up about how they support their country;
sending other people's kids to die in foreign wars to protect multinational corporations' profits, and refusing to pay taxes to support the wars they love so much.
As Ronnie Ray-Gun said:
"Ask not what you can do for your country - ask how you can collect all the subsidies you can while complaining constantly whining if asked to make the smallest sacrifice yourself."
Now go cash your Socialist Security and Medicare checks while you use your subsidized electricity to plan your trip to the Socialist National Forest and Socialist TVA lake to fish because you get a Socialist 40 hour work week.
#1988 Jan 10, 2013
By the way,
Bush inherited a balanced budget and left office with a 2009 $1.4 Triilion 2009 Deficit (2009 was Bush's budget approved in 2008).
Bush increased the "official" debt by over $ 5 Trillion which did not include the "off budget" wars he loved so much, as long as his draft dodging butt was never in danger.
Don't you hate those darn pesky facts ?
#1989 Jan 10, 2013
Having enlisted in in the Marine Corps after high school, and served 22 years in law enforcement, I hardly need you to lecture me on the dangers present today.
Your chances of getting killed by a terrorist are far less than being killed by an American young white male with a gun and a bad attitude.
So put your pacifier back in place and run home to mommy and let her know that your scared of the boogeyman.
In light of your chosen name, it must be exhausting for you to be around you.
#1990 Jan 10, 2013
Barney Frank, Chris Dodd, Fannie and Freddie. Making home loans to people that could not pay the money back.
#1991 Jan 10, 2013
The national debt was 5.6 Trillion when Clinton left. Facts are true not imformed Opinions.
#1992 Jan 10, 2013
Yep, President Frank and President Dodd were in charge from 2000 to 2008 when the unregulated banks went crazy marketing "Liar Loans" and selling them off using Credit Default Swaps and Tranches, after they were high credit ratings by companies that said, "they'd rate dog crap AAA, if they were paid enough".
Oh wait... Frank and Dodd were never presidents,
that was some guy named Bush who told us all how we didn't need to supervise or regulate the mega banks, or the credit rating agencies, after all we can trust bankers and rating corporations to do the right thing.
#1993 Jan 10, 2013
Tell that to the familys of the 2,977 people that were killed on 9-11-01 or the 13 killed at Fort Hood.
#1994 Jan 10, 2013
Frank and Dodd had a lot of power. Did you even look at the links. Three branches of Goverment..
#1995 Jan 10, 2013
If you gonna quote people back it up with a fact or two. Give a link to what you say. Left wing hack sites don't count.
#1996 Jan 10, 2013
I hope you have retired.
#1997 Jan 10, 2013
A must read for Informed people with opinions.
#1998 Jan 10, 2013
Read and weep.
Typical ... Instead of paying off the debt having been handed huge surpluses, Republicans waste money on illegal wars, corporate welfare, and tax cuts for their rich buddies.
But hey, providing you these facts took all of 3 minutes. No wonder Fox Noise folks have no idea - 3 minutes of research - Wow.
10-YEAR ESTIMATE OF BUDGET SURPLUS SURGES ONCE MORE
By RICHARD W. STEVENSON
Published: December 29, 2000
The Clinton administration handed a parting gift to President-elect George W. Bush today, projecting that the federal budget surplus would swell substantially, to nearly $5 trillion, over the next decade.
Administration officials said they expected the surplus to total $4.996 trillion in the 10 years beginning with the start of the next fiscal year, on Oct. 1, 2001. That amounts to an increase of just over $800 billion from the administration's previous projection, of $4.193 trillion for the 10 years that started this October.
Although such long-range projections are subject to change with ups and downs in the economy and are not a tool of great precision, the new estimates give Mr. Bush more wiggle room in his efforts to convince Congress and the public that his tax cut proposal, valued at some $1.6 trillion over 10 years, is affordable.
Clearly aware that the figures would further intensify the pent-up Republican demand for tax cuts, President Clinton used the release of the new projections to make a case for using the surplus to eliminate the $3.4 trillion national debt faster.
Speaking to reporters at the White House, Mr. Clinton said the debt could be paid off by 2009 or 2010, two years ahead of his previous estimate. And he said that staying a course of debt reduction would yield benefits to consumers and the economy in the form of lower interest rates and the flexibility to allocate tax revenue to more productive uses than paying interest on Treasury bonds.
The upbeat estimates Mr. Clinton is handing off to Mr. Bush stand in contrast to the bad news on the budget delivered to Mr. Clinton in late 1992 by the departing administration of Mr. Bush's father. As he prepared to take office, Mr. Clinton was informed that the budget deficits he was inheriting would be even worse than previously projected.
Now the surplus projections continue to rise despite the recent slowdown in the economy.
The administration did not release the economic growth assumptions it used in its calculations. Jack Lew, the White House budget director, said the assumptions were ''consistent with updates'' on economic conditions through last month, and continued the practice of assuming moderate growth rates.
In any case, much of the improvement came not from economic changes but from the change in the time frame covered by the projections. The new estimate drops the surplus projection for the current fiscal year and adds the much higher projection for 2011.
The new figures also incorporate the added government spending signed into law by Mr. Clinton this month after long negotiations with the Republican Congress.
They assume that spending will continue to increase in line with inflation, but do not include the costs of any big initiatives like the addition of prescription drug coverage to Medicare or the addition of private investment accounts to Social Security.
The administration's projections are to be followed next month by new surplus estimates from the Congressional Budget Office, whose figures are more typically used in turning proposals into legislation. The budget office is also likely to show the surplus rising hundreds of billions of dollars, probably to a level higher than the figure of nearly $5 trillion used by the White House today.
#2000 Jan 10, 2013
An Opinion piece from a left wing hack at the New york times is all you got. You call that facts? Again Clinton left office with a Debt of 5.6 Trillion. What part of that do you not understand?
#2001 Jan 11, 2013
"Clinton's last four annual budgets had surpluses:
1998 $69 billion
1999 $125 billion
2000 $236 billion
2001 $128 billion
But they didn't 'leave' us a surplus; at the end of 2001 we were still $5.8 trillion in debt.
Debt added by the last five presidents' budgets:
Reagan (budgets submitted for years 1982 to 1989):$1.9 trillion
H. W. Bush (1990-1993):$1.5 trillion
Clinton (1994-2001):$1.4 trillion
W. Bush (2002-2009):$6.1 trillion
Obama (2010-2013)$5.7 trillion
Note that each president submits the budget for his successor's first year. If these figures were by years in office, W. Bush (2001-2008) would show 4.7 trillion and Obama 6.3 trillion."
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