(PolitiFact) - Obama says "pay-as-you-go" was a big reason for record surpluses in 1990s
Verdict Half True
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Frankly, he overstated a great many things last night.
This fact seems to be a matter of opinion, CNN. The other reason that we saw record surpluses during the Clinton administration was that our nation was prosperous and collecting plenty of tax dollars. Its both.
New Obama pay as you go tax form
Taxpayer 1040 pay as you go form
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The only thing that kept spending down was that neither Democrats nor Republicans had total control.
Your truth-o-meter is a liar.
It's true in my eyes. All the past 8 years when the Republicans were spending like there was no tomorrow, noboby complained. Now that Obama is in office, they complain about every penny spent. I would like to know when the American people are going to stand up and defend this man for at least trying to get up back in shape. This is appalling to watch.
Surplus? an illeged surplus that camr from someone who did not consider Pork spending part of the budget? How does it count against the deficit but not count as part of the budget? Add the pork Clinton keft out of his figures and you'll see there was NO surplus at all!