bobfrommosinee Wrote:
Jan 13, 2013 3:56 PM
Just go to debt to the penny a Federal Government web site, and look up Clintons last year in office, There was no surplus, There was still a deficit, And as to that surplus? It was all projections in the out years, The tears after Clinton left office, to be implemented by future congress in saving on budget they would pass. Guess what, Future Congressional Secession are not bound by projections of a sitting Congress, Unless those savings and surpluses are ensconced into law by the current Current Congress, They are just projections and do not have to be honored in any future sitting congress, So there were no Budget Surpluses, They had not been codified into law, and held no legal status.