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The Clinton Surplus Myth

jdietz Wrote: Aug 15, 2012 10:11 PM
Did you know how much debt Clinton gave Bush? NO, and you dont care, its about party to you... Bush and the DEms, started the huge bloated Homeland security dept. $$$$$$$$$$$

Time and time again, anyone reading the mainstream news or reading articles on the Internet will read the claim that President Clinton not only balanced the budget, but had a surplus. This is then used as an argument to further highlight the fiscal irresponsibility of the federal government under the Bush administration. 

The claim is generally made that Clinton had a surplus of $69 billion in FY1998, $123 billion in FY1999 and $230 billion in FY2000 . In that same link, Clinton claimed that the national debt had been reduced by $360 billion in the last...