“Those BUDGET surpluses were due to a Republican Congress. I’m sorry that you are too dense that you continue to confuse budget bedt, intergovernmental debt, and national debt.”
Those surpluses were due to an increase in the SS taxes. By law, an SS surplus MUST be put in Treasuries to finance the government. The Treasure Department counts these notes as “income”, but they ARE NOT INCOME.
More horsecrap from you. The budget is paid by receipts which are income taxes, corporate taxes, excise taxes, and custom duties.
Try reading this for once numbnuts! Sheeze.........
http://www.fms.treas.gov/mts/mts1009.txt