On Thu, 08 May 2008 04:49:24 -0500, dilbert firestorm
<scanb31@[EMAIL PROTECTED]
> wrote:
>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.
Have a cup of coffee:
http://www.factcheck.org/askfactcheck/during_the_clinton_administration_was_the_federal.html
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