DavidS
Anti-Tea Party Member
- Thread starter
- #121
So??Clinton submitted a balanced budget to congress to congress on Feb 2, 1998.
"THE PRESIDENT: Thank you very much for that warm welcome. Good morning. Thank you, Mr. Vice President, Mr. Bowles, members of our economic team, members of the Cabinet and administration. And I thank the large number of members of Congress who have come here today, and others, all of you here for the submission of the first balanced budget in 30 years, one that will truly strengthen our nation for the 21st century".
President Clinton Submits First Balanced Budget in 30 Years
First Balanced Budget in 30 Years
Wait, was that with higher taxes?? Ohhhh yes it was!
He did what no other president has done in 30 years when Johnson another Democrat balanced the budget. In fact the budget has been balanced 12 times since 1940. 75% of time it's been Democrats who did it.
History of Deficits and Surpluses In The United States
You mis-understand my point. In order to have a balanced budget, you need to have higher income. -2 + 1 is still -1. -2 + 2 is balanced and zero.