Lamont Cranston wrote:
Gunner wrote:
On Thu, 25 Sep 2008 12:28:46 -0700, "Lamont Cranston"
wrote:
Clinton ran budget surpluses for the last 4 years of his
presidency and used it to pay down the national debt held
by
the public as the following chart of federal revenues vs.
outlays clearly shows:
www.cbo.gov/budget/data/historical.pdf
I had thought it was just three but what was important to
me was the
purposeful actions and the trend in the result.
The federal fiscal year ends on September 30. There was a
surplus for the fiscal year ending September 30, 2001. Even
though Bush was in office at the end of the fiscal year, it
was Clinton's budget that covered the period, so I give him
credit for four years.
We need to get back to that.
Amen.
Just goes to show you are both a couple liars
http://www.letxa.com/articles/16
Gunner
Just goes to show you that you are a ****ing moron as well as a chronic
liar, Gummer.
http://www.census.gov/compendia/stat...es/08s0455.pdf
Billions of dollars
--------------------------------
Fiscal Year Receipts Outlays Surplus or
Deficit(-)
1998 1,722.0 1,652.7 69.3
1999 1,827.6 1,702.0 125.6
2000 2,025.5 1,789.2 236.2
2001 1,991.4 1,863.2 128.2
You see how receipts exceeded outlays for these four years? That's
called a surplus, asshole.
Confirmation of above data:
www.cbo.gov/budget/data/historical.pdf
delong.typepad.com/photos/brad_delongs_images/20071203_fed_spend_and_rev.html
http://www.nationalpriorities.org/Fe...s+and+revenues
All of those cites have their own political agenda. Try using the
official numbers. ALL the numbers
The U.S. Treasury Dept. disagrees with your math, because it does not
take into account intergovernmental holdings. Basically, the treasury
borrowed from a Social Security surplus by using it to purchase treasury
bonds. The general fund eventually has to pay back the SS fund with your
tax money.
The U.S. treasury correctly computes the debt at over $500 Billion in
2001.
look it up yourself if you can get your blinders off:
http://www.treasurydirect.gov/NP/NPGateway
TreasuryDirect is brought to you by the U.S. Department of the Treasury
Bureau of the Public Debt.