cbsnews.com— It's another record-high for the U.S. National Debt which today topped the $12-trillion mark. Divided evenly among the U.S. population, it amounts to $38,974.34 for every man, woman and child.
Nov 18, 2009View in Crawl 4
There was never a surplus and the facts support that position. In fact, far from a $360 billion reduction in the national debt in FY1998-FY2000, there was an increase of $281 billion.Debt by year:1993 - 4.4T1994 - 4.7T1995 - 4.9T1996 - 5.2T1997 - 5.4T1998 - 5.5T1999 - 5.6T2000 - 5.6T2001 - 5.8TVerifying this is as simple as accessing the U.S. Treasury (see note about this link below) website where the national debt is updated daily and a history of the debt since January 1993 can be obtained.<A class=user href="<a class="user" href="http://www.treasurydirect.gov/NP/BPDLogin?application=np&quot;" rel="nofollow">http://www.treasurydirect.gov/NP/BPDLogin?applicat ...</a> rel=nofollow><a class="user" href="http://www.treasurydirect.gov/NP/BPDLogin?applicat" rel="nofollow">http://www.treasurydirect.gov/NP/BPDLogin?applicat</a> ...</A>As can clearly be seen, in no year did the national debt go down, nor did Clinton leave President Bush with a surplus that Bush subsequently turned into a deficit.
Closed AccountNov 18, 2009
didn't clinton leave us with a surplus? thank you 8 years of someone who stole the election. twice.
troika37Nov 18, 2009
There was never a surplus and the facts support that position. In fact, far from a $360 billion reduction in the national debt in FY1998-FY2000, there was an increase of $281 billion.Debt by year:1993 - 4.4T1994 - 4.7T1995 - 4.9T1996 - 5.2T1997 - 5.4T1998 - 5.5T1999 - 5.6T2000 - 5.6T2001 - 5.8TVerifying this is as simple as accessing the U.S. Treasury (see note about this link below) website where the national debt is updated daily and a history of the debt since January 1993 can be obtained.<A class=user href="<a class="user" href="http://www.treasurydirect.gov/NP/BPDLogin?application=np&quot;" rel="nofollow">http://www.treasurydirect.gov/NP/BPDLogin?applicat ...</a> rel=nofollow><a class="user" href="http://www.treasurydirect.gov/NP/BPDLogin?applicat" rel="nofollow">http://www.treasurydirect.gov/NP/BPDLogin?applicat</a> ...</A>As can clearly be seen, in no year did the national debt go down, nor did Clinton leave President Bush with a surplus that Bush subsequently turned into a deficit.
hblaskNov 18, 2009
Maybe another trillion in spending will make it go down?