Talk of The Villages Florida - View Single Post - Why Hillary Should be President
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Old 12-14-2015, 11:06 AM
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Bill Clinton left the US with a surplus. The national debt spiraled during the Bush/Cheney years.
Another myth.

The ONLY president to EVER have a surplus was Eisenhower.
Clinton's budget surplus was his "proposed" spending budget for the following year during Bush's term. A budget is a proposal to spend within certain limits. Obama claims he reduced the budget deficit. That means, he reduced how much they planned to spend. Neither Clinton or Obama spent less than the tax received revenues.

You liberals claim that Obama's term did not start until after the fiscal year 9/30/2009 and that Bush was responsible for the debt up to that point. Well, that means that Clinton was responsible for the debt into Bush's firs year and did NOT have a surplus. If there was a surplus in revenues, then the national debt would have been paid down, and we all know that the national debt has never been paid down since President Eisenhower.