A 3/4 Trillion dollar Difference 2001-2008. Are Republican or Democrats really better for US?
September 17, 2008 1:32 pm Finance, Politics, Presidents, Taxes, U.S. Law and PolicyPresident Clinton announces another record budget surplus
From CNN White House Correspondent Kelly Wallace
September 27, 2000
WASHINGTON (CNN) — President Clinton announced Wednesday that the
federal budget surplus for fiscal year 2000 amounted to at least $230
billion, making it the largest in U.S. history and topping last year’s
record surplus of $122.7 billion.
“Eight years ago, our future was at risk,” Clinton said Wednesday
morning. “Economic growth was low, unemployment was high, interest
rates were high, the federal debt had quadrupled in the previous 12
years. When Vice President Gore and I took office, the budget deficit
was $290 billion, and it was projected this year the budget deficit
would be $455 billion.”
Confused over Budgets, National Debt, or Deficits?
Great reading over here at Federal Budget.com
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