Thursday, September 26, 2002

What a Difference Two years Make



President Clinton announces another record surplus- Sept 27,2000
http://www.cnn.com/2000/ALLPOLITICS/stories/09/27/clinton.surplus/

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."

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