On the recordApril 6, 2000
I carry with me a card which has a record of what is happening under the Clinton-Gore administration. Record budget deficits have been erased. In 1992, the deficit was a record $292 billion. The Congressional Budget Office said it was going to grow to $455 billion by the year 2000, this year. Instead, we have a projected $167 billion surplus, the third one in a row. That is $622 billion in savings not drained by the Government in 1 year alone. And we have had the largest paydown of debt in the history of the United States--$297 billion. All the deficit hawks on the other side of the aisle hate to hear these numbers, but they are the facts. Under the Clinton-Gore administration, we have addressed the deficit situation. We are no longer talking about a constitutional amendment to balance the budget but are moving in the right direction. The American people want us to continue doing that.
Source
govinfo.gov




