The Myth of the Clinton Surplus

Email Print
FacebookTwitterShare

I’ve known about this for years, but now Craig Steiner has taken the time to lay it all out with the numbers and the facts. Steiner also explains that it was the usual doublespeak and government “arithmetic” that made it look like the U.S. government had a surplus.

Fiscal
Year
Year
Ending
National Debt Deficit
FY1993 09/30/1993 $4.411488 trillion
FY1994 09/30/1994 $4.692749 trillion $281.26 billion
FY1995 09/29/1995 $4.973982 trillion $281.23 billion
FY1996 09/30/1996 $5.224810 trillion $250.83 billion
FY1997 09/30/1997 $5.413146 trillion $188.34 billion
FY1998 09/30/1998 $5.526193 trillion $113.05 billion
FY1999 09/30/1999 $5.656270 trillion $130.08 billion
FY2000 09/29/2000 $5.674178 trillion $17.91 billion
FY2001 09/28/2001 $5.807463 trillion $133.29 billion

Here’s Part II of The Myth of the Clinton Surplus.

[Thanks to David Barrow]

5:08 pm on November 26, 2012
  • LRC Blog

  • LRC Podcasts