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The US national debt is now rising by $1 Trillion every 180 days. (Original Post) Tootbsb Jun 2025 OP
Nov 2000: US was on track to zero debt by 2009. blm Jun 2025 #1
I remember Shrub announcing that it was wrong to have a surplus. no_hypocrisy Jun 2025 #2

blm

(114,411 posts)
1. Nov 2000: US was on track to zero debt by 2009.
Tue Jun 3, 2025, 10:36 PM
Jun 2025

Republicans voted to replace Clinton’s surplus budget tax and economic policies with Bush’s economy-collapsing policies.

“the federal budget deficit fell every year of the Clinton administration, from $290 billion in 1992 to $255 billion in 1993, $203 billion in 1994, $164 billion in 1995, $107 billion in 1996, and $22 billion in 1997. In 1998, there was a budget surplus of $69 billion, which rose to $126 billion in 1999 and $236 billion in 2000 before it was dissipated by huge tax cuts during the George W. Bush administration.”

https://archive.nytimes.com/economix.blogs.nytimes.com/2012/08/05/the-clinton-tax-challenge-for-republicans/

no_hypocrisy

(54,115 posts)
2. I remember Shrub announcing that it was wrong to have a surplus.
Wed Jun 4, 2025, 05:01 AM
Jun 2025

"It's your money," he exclaimed.

And he sent us checks in the amount of $200. Yeah, that really stimulated the Economy.

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