National Debt Up $2 Trillion on Obama's Watch (Afghanistan, health care, dollars)
Please register to participate in our discussions with 2 million other members - it's free and quick! Some forums can only be seen by registered members. After you create your account, you'll be able to customize options and access all our 15,000 new posts/day with fewer ads.
America needs to save money. The best way to do this would be to immediately discontinue all unemployment pay, all welfare, and medicaid. How about deep cuts in public education. That would save a bundle. God Ble$$ America!
Like the dive from surplus to deficit in a single fiscal year.
Like the fact that the SURPLUS DID NOT EXIST? Keep ignoring and repeating the same old bs so I can keep reminding people that THERE WAS NO SURPLUS UNDER CLINTON..
Like the fact that the SURPLUS DID NOT EXIST? Keep ignoring and repeating the same old bs so I can keep reminding people that THERE WAS NO SURPLUS UNDER CLINTON..
The national debt went up EVERY YEAR!!!
CBO facts and charts relevant with repugnants, not relevant with democrats . . . ?
Moderator cut: "Manual" signature
Last edited by Poncho_NM; 03-17-2010 at 04:32 PM..
CBO facts and charts relevant with repugnants, not relevant with democrats . . . ?
Clinton did not have a surplus of $230B in the year 2000 because he had to borrow $246.5 From numerous other off budget funds. Clinton NEVER ran a surplus during his 8 years in office, he just borrowed yearly from different budgets, (primarily the SS budget) to offset the general fund losses. In 2000 the following funds were borrowed which resulted in a $16.5 deficit.
$152.3B from Social Security
$30.9B from Civil Service Retirement Fund
$18.5B from Federal Supplementary Medical insurance Trust Fund
$15.0B from Federal Hospital Insurance Trust Fund
$9.0B from the Federal Unemployment Trust Fund
$8.2B from Military Retirement Fund
$3.8B from Transportation Trust Funds
$1.8B from Employee Life Insurance & Retirement fund
$7.0B from others
Total borrowed from off budget funds $246.5B, meaning that his $230B surplus is actually a $16.5B deficit.
($246.5B borrowed - $230B claimed surplus = $16.5B actual deficit).
The last time the federal government ran a true suplus was 1969, the total surplus was $3.2B and before that was $1960, $.3 B
Like the fact that the SURPLUS DID NOT EXIST? Keep ignoring and repeating the same old bs so I can keep reminding people that THERE WAS NO SURPLUS UNDER CLINTON..
The national debt went up EVERY YEAR!!!
Well, how can that be if there was a surplus?
I wonder if ANY of these people ever go and actually LOOK at the figures?
Apparently not, since they keep repeating the same lies over and over again.
Quote:
CBO facts and charts relevant with repugnants, not relevant with democrats . . . ?
Please, by all means, do post the relevant data from the CBO. We're just dying for you to do that. Do you even know where to go to find the info - because obviously, you've never read it.
There you go. Proof for all. Not a lick of evidence, proof, corroboration or even ONE link that helps your false assertions.
Owned.
Please register to post and access all features of our very popular forum. It is free and quick. Over $68,000 in prizes has already been given out to active posters on our forum. Additional giveaways are planned.
Detailed information about all U.S. cities, counties, and zip codes on our site: City-data.com.