Okay, so where were these increased taxes that Newt forced Clinton to make that accounted for the surplus?
You are an idiot, unable to make anything but meaningless over generalizations.
You have said repeatedly that Newt forced Clinton to balance the budget. So, back up your bullshit with some facts.
Where exactly were these cuts/taxes made that balanced the budget and account for the Newt surplus?
who said anything about tax cuts?? Strawman???
Republicans took over House for first time in 40 years, Newt got 32 states to sign up for is Balanced Budget Amendment conference. HE forced Clinton to lie and say, The Era of Big Government is over" that ought to give you some idea of the pressure libturds were under then to balance the budget!!
Gingrich rose to power in the House by working in opposition to Clinton's first two years in office and issuing his "Contract with America," a key provision of which was a balanced federal budget. After a stand off that resulted in two government shutdowns, Clinton signed the budget legislation in 1997.
Okay, let's go over the simple math again.
Surpus (-deficit) = Revenues - Outlays.
If Revenues - Outlays < 0 then to get to zero, either revenues must be increased or outlays must be decreased.
I did say, "increased taxes".
Increased revenues would be increased taxes. Decreased outlays would be cuts.
Do you really need every little detail spelled out? I thought you took Econ 101.
So, where were these revenue/tax increases and outlay/spending decreases that resulted in the Newt surpuls?
You can pick from the top six,
National Defense
Health
Medicare
Income Security
Social Security
Net Interest
Or do you suppose it was cuts to spending on bicycle paths?
How about those communist/socialist/democrat/liberal welfare spending programs of OASDI and Medicare? Is that where the Newt surplus came from?
Do tell? Come on, Mr. Econ 101. Do the math.
Where did this Newt surpuls come from?
