PoliticalChic
Diamond Member
You're lying.
If any Democrat had the results that Trump has, they would be getting ticker-tape parades.
Bill Clinton balanced the budget. How did he compare with Trump? Did you love Clinton like you love Trump?
Bill Clinton never balanced the budget......it's a lie the dumbest among us believe.
Clinton ran deficits throughout all 8 years of his term, and one can go to the US Treasury Department and looking through the history of the total outstanding debt through Clinton's term.
Every year Clinton was in office, the total national debt continued to climb.
How Clinton managed to claim a surplus was that while the general operating budgets ran deficits but Clinton borrowed from numerous off budget funds to make the on budget fund a surplus.
For example, in 2000, Clinton claimed a $230B surplus, but Clinton borrowed
$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).
If there is ever a true surplus, then the national debt will go down.
the national debt did not go down one year during the Clinton administration.
How much surplus did the US have when Clinton left office - Answers
The claim is generally made that Clinton had a surplus of $69 billion in FY1998, $123 billion in FY1999 and $230 billion in FY2000 . In that same link, Clinton claimed that the national debt had been reduced by $360 billion in the last three years, presumably FY1998, FY1999, and FY2000--though, interestingly, $360 billion is not the sum of the alleged surpluses of the three years in question ($69B + $123B + $230B = $422B, not $360B).
While not defending the increase of the federal debt under President Bush, it's curious to see Clinton's record promoted as having generated a surplus. It never happened. There was never a surplus and the facts support that position. In fact, far from a $360 billion reduction in the national debt in FY1998-FY2000, there was an increase of $281 billion.
http://finance.townhall.com/columnists/craigsteiner/2011/08/22/the_clinton_surplus_myth/page/full/
a. CNN stated “The federal budget surplus for fiscal year 1999 was $122.7 billion, and $69.2 billion for fiscal year 1998. Those back-to-back surpluses, the first since 1957, allowed the Treasury to pay down $138 billion in national debt.” Ibid.
- In 2000, President Clinton stated that the recent surplus “represented the largest one-year debt reduction in the history of the United States…the $5.7 trillion national debt has been reduced by $360 billion in the last three years -- $223 billion this year alone.” President Clinton announces another record budget surplus - September 27, 2000
b. So, it seems, not only did President Clinton run a surplus, but he reduced the national debt!
2. Would you like to see the actual national debt figures?
1993
4,351,044
1994
4,643,307
1995
4,920,586
1996
5,181,465
1997
5,369,206
1998
5,478,189
1999
5,605,523
2000
5,628,700
end of FY 2001, which was President Clinton's last budget.
http://www.whitehouse.gov/omb/budget/Historicals/ (table 7.1)
The table 7.1 will also show that he inherited a $4 trillion debt.
Government - Historical Debt Outstanding - Annual 1950 - 1999
That means the debt increased 41% under Clinton.
And no wars or military build up to blame it on!
The Budget and Deficit Under Clinton
The nation al debt increased 1.6 trillion under 8 yerars of Clinton
Trump has increased the debt 3.4 trillion in less than three years.
Biut being a dishonest liar, you used percentages which makes Clinton look bad because the debt was only around 5 T. Trump's does not look at bad because his is compared to 23T
Why do you need to lie about Bill Clinton?
See.....this is the problem when one is as dumb as you are, RealDumb.
I actually provided the actual budget numbers.....and there is no way to hide the fact that the debt increased......by 41% under Clinton.
Would you like to see the actual national debt figures?
1993
4,351,044
1994
4,643,307
1995
4,920,586
1996
5,181,465
1997
5,369,206
1998
5,478,189
1999
5,605,523
2000
5,628,700
end of FY 2001, which was President Clinton's last budget.
http://www.whitehouse.gov/omb/budget/Historicals/ (table 7.1)
The table 7.1 will also show that he inherited a $4 trillion debt.
Government - Historical Debt Outstanding - Annual 1950 - 1999
That means the debt increased 41% under Clinton.
Get a third grade with a calculator to check the before Clinton debt...and then at the end of his term...
...there was no balancing of the budget.
They lie to you and you buy it like it was on sale.
And no wars or military build up to blame it on!
You swallowed the lie hook, line and sinker
Your math is off...unsurprisingly.
The debt stood at $4411488883139 at the start of Clinton's first budget year in office,
The debt stood at $5807463412200 at the end of Clinton's last budget year.
That is a change of 31.64%
Depends on the month of the 'start.'
But in no case was there a surplus or a balance with the previous year.
Just one more case of Democrat hagiography (lies).
Government figures:
1993
4,351,044
1994
4,643,307
1995
4,920,586
1996
5,181,465
1997
5,369,206
1998
5,478,189
1999
5,605,523
2000
5,628,700
end of FY 2001, which was President Clinton's last budget.
http://www.whitehouse.gov/omb/budget/Historicals/ (table 7.1)
The table 7.1 will also show that he inherited a $4 trillion debt.
Government - Historical Debt Outstanding - Annual 1950 - 1999
That means the debt increased 41% under Clinton.
http://www.whitehouse.gov/omb/budget/Historicals/ (table 7.1)
The table 7.1 will also show that he inherited a $4 trillion debt.
Government - Historical Debt Outstanding - Annual 1950 - 1999
That means the debt increased 41% under Clinton.