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nom=de=plume nom=de=plume is offline
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First recorded activity by BoatBanter: Aug 2009
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On Sun, 07 Feb 2010 11:31:17 -0500, bpuharic wrote:

The reason why Clinton showed a surplus was because he could borrow
from Social Security and call it income although it was still
increasing the debt.


uh huh. bet that trick was never tried before or since


It has been done by every president since LBJ, who signed the
legislation. Unfortunately it was too late to help him. Nixon got the
only other balanced budget since Eisenhower, using the SS surplus.
Ike did it by actually cutting spending.



Q: During the Clinton administration was the federal budget balanced? Was
the federal deficit erased?
A: Yes to both questions, whether you count Social Security or not.

http://www.factcheck.org/askfactchec...federal. html

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Nom=de=Plume