It is amusing and very enlightening......sm
Posted By: MsMt on 2009-03-12
In Reply to:
Senator Feingold (Democrat) has publicly announced that Obama needs to REIGN IN the spending; that he is out of control!! 
Complete Discussion Below:  marks the location of current message within thread
The messages you are viewing
are archived/old.
To view latest messages and participate in discussions, select
the boards given in left menu
Other related messages found in our database
You should try it -- very enlightening and
X
Please see enclosed, guess CNN will buy bridge for me, you were so enlightening.......SM
President Clinton announces another record budget surplus
From CNN White House Correspondent Kelly Wallace
September 27, 2000
Web posted at: 4:51 p.m. EDT (2051 GMT)
WASHINGTON (CNN) -- President Clinton announced Wednesday that the federal budget surplus for fiscal year 2000 amounted to at least $230 billion, making it the largest in U.S. history and topping last year's record surplus of $122.7 billion.
"Eight years ago, our future was at risk," Clinton said Wednesday morning. "Economic growth was low, unemployment was high, interest rates were high, the federal debt had quadrupled in the previous 12 years. When Vice President Gore and I took office, the budget deficit was $290 billion, and it was projected this year the budget deficit would be $455 billion."
President Clinton announces that the federal budget surplus for fiscal year 2000 is the largest in U.S. history
Instead, the president explained, the $5.7 trillion national debt has been reduced by $360 billion in the last three years -- $223 billion this year alone.
This represents, Clinton said, "the largest one-year debt reduction in the history of the United States."
"Like our Olympic athletes in Sydney, the American people are breaking all kinds of records these days. This is the first year we've balanced the budget without using the Medicare trust fund since Medicare was created in 1965. I think we should follow AL Gore's advice and lock those trust funds away for the future," he said.
In June, the administration predicted the surplus would be $211 billion, and would increase by as much as $1 trillion over the next 10 years.
"The key to fiscal discipline is maintaining these results year after year. We need to put our priorities in order," Clinton said.
The president's news comes as lawmakers on Capitol Hill continue to wrestle with the fiscal year 2001 budget numbers. The new budget year begins October 1, and work has been completed on only two of the 13 annual spending bills, as the Republican-led Congress and the White House remain at odds over spending allocations.
"I am concerned, frankly, about the size and last-minute nature of this year's congressional spending spree, where they seem to be loading up the spending bills with special projects for special interests, but can't seem to find the time to raise the minimum wage, or pass a patients' bill of rights, or drug benefits for our seniors through Medicare, or tax cuts for long-term care, child care, or college education," Clinton said.
"These are the things that need to be done and I certainly hope they will be and still make the right investments and the right amount of tax cuts," Clinton said.
Rep. J.C. Watts, R-Oklahoma, chairman of the House Republican Conference, said the GOP wants 90 percent of the surplus used for the debt. In a CNN interview, he said the other 10 percent should be used to "take care of a lot of priorities we have, like prescription drugs, making sure that our education needs are met, making sure some of our national security needs are met, and doing that while at the same time protecting the Social Security surplus and the Medicare surplus."
That approach would be in lieu of tax cuts, which "we can't do this year because the president vetoed it," Watts said.
Clinton unveiled the new numbers in a statement at the White House before departing for fund-raising events in Dallas and Houston.
"This is part of our fiscal discipline to reduce the debt with the federal surplus," said one White House official who asked not to be identified. Reducing the debt, the official said, has "real effects for real Americans." It means lower interest rates for mortgages, car loans and college loans, and leads to an increase in investment and more jobs."
It is the third year in a row the federal government has taken in more than it spent, and has paid down the debt. The last time the U.S. government had a third consecutive year of national debt reduction was 1949, said the official.
The federal budget surplus for fiscal year 1999 was $122.7 billion, and $69.2 billion for fiscal year 1998. Those back-to-back surpluses, the first since 1957, allowed the Treasury to pay down $138 billion in national debt.
Actually it's quite amusing
to hear people curse then tell you you aren't a Christian in the same breath.
It is rather amusing, isn't it?
nm
QUITE AMUSING..
I found it quite amusing watching it over and over and over again (as much as the news channels play it). Gotta admit GW sure can bob and weave LOL!!!
What's even more amusing is watching
your political ideology die a slow painful death.
I didn't post the original article not that you would believe me. As far as the rest of your rant I don't give a flip...and that's putting mildly.
I just find it amusing .....
that the same kind of journalism, as long as it puts forward liberal junk as opposed to conservative junk, the site is fine. As I explained in a later post, I do not read Front Page and did not "check it out" to see which way it leaned, as I already knew the facts. That was the first site I saw who printed the facts. I posted from there because it covered the topic of the thread. When Taiga complained, I went and copied the same thing from Common Dreams, an extremely liberal page. My point is, if something is factual, it does not matter which side of the political fence prints it. Some of you are just so fast to pile on because of the site something comes from, without even bothering to check the facts before assuming if it is on a "conservative" site it has to be a lie. What is up with that anyway?
I just find it amusing that
some people have to battle racism with racism. Instead of just telling the OP that you don't agree with their post, you reply with a racist joke of your own. Boy...that REALLY proves a point, doesn't it?
I actually find it rather amusing...(sm)
for the most part. However, the way these people think never fails to amaze me.
"First they laughed and then they died" -- that sounds like something out of a terrorist's memoirs.
Let's try the pic again...LOL... 
what I find oddly amusing is that
the ones whining are all in states that have state income tax. Isn't that kind of like having a bunch of kids and only the one that gets the most money is always broke?
thanks for the article. That was highly amusing. nm
xx
If you find this all so entertaining and amusing,
the sleep deprivation, the bugs and the waterboarding in prisons, there is no point to disuss this with you.
How can you compare your insomnia with sleep deprivation in a prison used as torture?
Why can't you sleep? In your own home, in your cozy bed, surrounded by our loving family?
Something must be wrong with you. It seems that you cannot cope with your duties.
Too bad, that whole amusing grammar duel
below seems to be gone. I guess everyone was getting too rowdy?
Amusing to see those elitists cry "hate!" at every turn:)
Let's cut the crap. Republican apologists are some of the nastiest, most condescending and basically vicious debators on the boards. So while you're running around crying Bush haters! and insinuating that they are little more than drooling fools, you might keep in mind that your astounding and deliberate hypocrisy is far uglier than any natural, normal anger at an incompetent leader could ever be.
I find it amusing how a bunch of MTs sitting
around in their robes typing all day have suddenly become the political pundits of the world, interjecting their wisdom (often found on the internet) and view points with such ferociousness. Alert the media! These women are a force to be reckoned with!
|
