-Caveat Lector-
>Andrew wrote:
>
>> Someone at our Transformation Group said that the US was trillions
>> in debt and that Clinton has promised to pay it back in 15 years
>> .... is this true ?? -- I thought that the American Financial
>> system was incredibly good !!
See: The Public Debt To the Penny
http://www.publicdebt.treas.gov/opd/opdpenny.htm
07/01/1999 --> $5,632,318,946,849.83
Ric replied:
>
>All true. The US nat'l debt IS at about US$5 tln now; it was around
>US$1 tln when Reagan took office and around US$4 tln when Bush left,
>so they managed to spend quite a bit. And the projected revenues DO
>allow for paying it all off,
Never happen - we've got to colonize Mars before the Chinese do.
Besides, when was the last time Clinton told the truth ?
>if Congress doesn't vote for humungeous tax relief for the wealthy
They don't pay taxes; they hire lawyers and senators...
.
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