[SunkenCiv]

> This year, 70% of all the money the federal government spends will be in the form of direct payments to individuals

You know what that means?!? It means the stimulus wasn’t big enough!!! /s

Thanks 2ndDivisionVet.

[mrsmith]

Here’s a jaw dropper-
“... The President’s plan to eliminate the debt by 2012 remains on track. President Clinton’s budget proposes to reduce the debt held by the public by $2.9 trillion over the next decade and to eliminate it by 2012. The President’s debt reduction comes from saving the entire $2.3 trillion Social Security surplus, the entire $403 billion Medicare surplus, and $192 billion of the on-budget surplus for debt reduction.

Interest payments would be eliminated. Currently, we spend 12 cents of every Federal dollar on interest payment. These payments, which were once projected to grow to 25 percent of all federal spending in 2012, would be eliminated under the President’s plan by that time.”
http://clinton4.nara.gov/WH/new/html/Tue_Oct_3_113400_2000.html

Of course Clinton was lying, but it could have been done by an honest person. It was just a matter of following the 1983 deal Reagan worked out.

[Grimmy]

Well, everybody known that the budget ain’t balanced until debt equals GDP x GNP.