Back in 1999: Predicted that federal debt would be entirely paid off 2015, CBO said 514 billion dollar surplus for 2009 (Congress, middle east)

[lovecrowds]

Clinton: Surplus could pay national debt by 2015 - Jun. 28, 1999

Back in 1999, Clinton predicted would be entirely paid of by 2015

https://www.cbo.gov/sites/default/fi...rts/eb0199.pdf

The CBO at the time also predicted a budget surplus of 514 billion dollars in 2009.

Amazing now instead of debt paid off, the debt has skyrocketing since 1999

[Cape Cod Todd]

What happened besides a terrorist attack that plunged us into a never ending war in the Middle East where we have spent and paid billions to try and bring Democracy to people that don't want it.

[PilgrimsProgress]

Remember when people predicted we'd all have flying cars?

[scgraham]

The Bible says that all nations that forget the God of the Bible will be turned into hell. Look around America today; the only thing missing are the flames, save LA and the north west.

[DUNNDFRNT]

Originally Posted by Cape Cod Todd

What happened besides a terrorist attack that plunged us into a never ending war in the Middle East where we have spent and paid billions to try and bring Democracy to people that don't want it.

Who says we cant agree on anything.

[dookieboy]

Then came 2007.

[Boss]

Bush tax cuts killed it all.

[Hoonose]

Originally Posted by lovecrowds

Clinton: Surplus could pay national debt by 2015 - Jun. 28, 1999

Back in 1999, Clinton predicted would be entirely paid of by 2015

https://www.cbo.gov/sites/default/fi...rts/eb0199.pdf

The CBO at the time also predicted a budget surplus of 514 billion dollars in 2009.

Amazing now instead of debt paid off, the debt has skyrocketing since 1999

Take $20T out of the private sector and see what that gets you!

Actually less than that. Subtract the Feds $2.5T and foreign held debt of $6T.

So take out $11.5T and see...

[Jstarling]

Originally Posted by lovecrowds

Clinton: Surplus could pay national debt by 2015 - Jun. 28, 1999

Back in 1999, Clinton predicted would be entirely paid of by 2015

https://www.cbo.gov/sites/default/fi...rts/eb0199.pdf

The CBO at the time also predicted a budget surplus of 514 billion dollars in 2009.

Amazing now instead of debt paid off, the debt has skyrocketing since 1999

As soon as Bush got in he "gave the people their money back".
His tax cuts obliterated that surplus.

[knowledgeiskey]

The CBO didn't expect a massive deficit and an economic downturn.