D.F. Manno wrote:
> In article <TcidnS2dl9EPzrzVnZ2dnUVZ_oWdnZ2d@[EMAIL PROTECTED]
>,
> dilbert firestorm <scanb31@[EMAIL PROTECTED]
> wrote:
>
> > Magnus, Robot Fighter wrote:
> >
> > > Didn't Clinton balance the budget...then Bush gave away the surplus
to
> > > the American public? Just asking...been awhile...
> >
> > the budget balance thing was bogus.
>
> Only to dittoheads.
>
> The federal budget is balanced when revenues either equal or exceed
> expenditures. In fiscal years 1998, 1999, 2000 and 2001, revenues
> exceeded expenditures, so the budget was balanced. And all of those
> budgets were proposed by Clinton.
>
> See Table 1.1, Summary of Receipts, Outlays, and Surpluses or Deficits:
> 17892012, "The Budget for Fiscal Year 2008, Historical Tables," p. 22.
>
> (Note: the federal fiscal year begins on Oct. 1 qnd ends Sept. 30. So
> FY2001 began Oct. 1, 2000 and ended Sept. 30, 2001. As such, it was
> Clinton's last budget.)
>
>
There never was. they cooked the books by making it look like there was
a surplus. They double counted some revenue receipts to make it appear
that they received more revenue than they were actually getting.
I'll get te link when I get a chance. I just woke up, fell asleep over
the computer, so I'm pooped off.
--
Dilbert Firestorm
Opus is my Hero!
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