Talk of The Villages Florida - View Single Post - Obama Has made his point
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Old 07-24-2010, 05:57 PM
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Quote:
Originally Posted by bkcunningham1 View Post
He absolutely did not inherit a surplus from Clinton. Bush started with a $133.29 billion deficit in Jan. 2001.
Are you sure?

http://www.davemanuel.com/history-of...ted-states.php

That says 2001 (fiscal year runs from October 1, 2000 to Sept 30, 2001) was a $127.3B surplus.

Are you talking about, perhaps, numbers that do or don't include the Social Security Surplus?

Check out page 26 of the following:

http://www.gpoaccess.gov/usbudget/fy02/pdf/hist.pdf

It shows that Bush inherited a surplus and the White House (in 2001) was predicting continuing surpluses for the next several years.