Still, at one time, the media, without reservation, gave credit to Gingrich for making a balanced budget a priority -- and for pushing Clinton toward the center to achieve it. Back then, even when writing negatively about Gingrich, the major media routinely credited Gingrich with pushing a recalcitrant...
While I agree with premise, Newt didn't balance the budget. Neither did Clinton. If you look at the real data from the OMB.gov website, you'll see the closest the budget has come closest to being balance was around '98 at 17 billion or so. I guess if you're rounding down in the billions. Great article on this by Greg Steiner in, err, townhall - http://finance.townhall.com/columnists/craigsteiner/2011/08/22/the_clinton_surplus_myth/page/full/.
When Bill Clinton spoke at the Democratic National Convention, he took credit for balancing the budget. That Clinton basked in his achievement, of course, surprises no one. Nor is it surprising the media failed to remind people of former House Speaker Newt Gingrich, R-Ga., and his role in pulling this off.
- Quotes of the day Allahpundit 7 hours ago
- Enjoy Sec. Donald Rumsfeld’s Tax Day letter to the IRS Mary Katharine Ham 8 hours ago
- Is the wind lobby’s most precious subsidy finally losing steam in Congress? Erika Johnsen 9 hours ago
- “Russia has not invaded Ukraine,” and other great moments in Russian propaganda Erika Johnsen 9 hours ago
- Video: Trump to buy the Buffalo Bills? Ed Morrissey 10 hours ago
- Rand Paul: Let’s get this straight — I’m not for containing Iran Allahpundit 11 hours ago