A surplus is a projection, rather than a true measure. This article may explain it better:
http://www.politifact.com/truth-o-meter/statements/2011/jun/02/steny-hoyer/steny-hoyer-says-george-w-bush-inherited-56-trilli/
That's why your second article linked, references a surplus.
RE: NOT EVERYONE WHO VOTED FOR DONALD TRUMP IS A RACIST!
You are viewing a single comment's thread from:
NOT EVERYONE WHO VOTED FOR DONALD TRUMP IS A RACIST!
My second article may mention a surplus of sorts, but you may have noticed it wasn't exactly because of Bill ... Newt Gingrich had rallied the republicans to try to clear the debt. As for the link you gave, I saw this: They said Hoyer was referring to the $5.61 trillion in surpluses that the Congressional Budget Office -- the nonpartisan number-crunching arm of Congress -- had predicted in January 2001 would materialize over the next 10 years, based on the fiscal outlook at the end of Clinton’s tenure. (Hoyer’s office confirmed our conclusion about the second figure.)
I'm not exactly sure how they can see into the future like that. Don't forget, we were attacked during Bush's office.
Downvoting a post can decrease pending rewards and make it less visible. Common reasons:
Submit