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How to get the federal deficit under control
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Forum:
Politics
Category:
Economics
Miscellaneous
Thread ID:
00880812
Message ID:
00882123
Views:
67
>How can you say he balanced the budget when the OMB numbers show the debt has grown EVERY year including the 8 under Clinton. The boom of the 90s actually started right before Clinton took office and went bust right about a year before he left. The first Republican Congress in 40 years took over in 1992 which saved Bill from his wife taking over a huge chunk of our economy with their socialized medicine plan.

Although the debt has grown, as you pointed out I believe, it grew more slowly under Clinton than under Reagan, Bush 41, and certain Bush 43. The budgets I am referring to are the annual budgets Clinton proposed to Congress throughout his presidency. One of his top priorities when taking office was reducing the deficit:

http://www.pbs.org/wgbh/pages/frontline/shows/clinton/chapters/2.html
http://www.pbs.org/wgbh/pages/frontline/shows/clinton/interviews/rubin.html

And, Clinton is the only president of the last 4 to actually make payments on the federal debt:

http://www.cnn.com/2000/fyi/news/05/10/national.debt/
http://www.cnn.com/2000/ALLPOLITICS/stories/05/01/clinton.debt/

Where are you getting your information that the boom started under Bush 41? What I do know is that when Clinton took office, the budget deficit was even higher than anyone expected, or had been told.

And where are you getting your information that the economy went bust a year before Clinton took office?
Chris McCandless
Red Sky Software
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