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I am not sure what you want to know. There was one 12-month period during Clinton's administration in which the US government took in more money than it spent. I do not believe that the surplus was used to pay down the national debt.
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∙ 11y ago
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How did Bill Clinton handle the debt problem in the USA?
Bill Clinton did not turn to economic blackmail with the debt problem in the USA. Clinton Vetoed bills brought to him instead of trying to negotiate. He refused to allow himself to fall to pressure tactics. When Congress sent Clinton a bill allowing the debt ceiling to be raised, he signed it and the debt limit fight had come to an end.
Was William Clinton republican?
No, Bill Clinton is a democrat. he will be remembered for free trade and balancing the national debt.
Did the National Debt increase when Bill Clinton was president?
No. Bill Clinton actually shrunk our national debt to almost nothing when he was president. This is incorrect. The national debt increased every year of the Clinton administration. In no year did it go down. What Clinton did is reduce the yearly DEFICIT, a couple of years. And even had a surplus budget in CONJUNCTION with a Republican controlled Congress. And that is good. But in no year was the surplus enough to offset the interest on the debt so the debt increased each year.
How did bush inherit a 5.8 trillion dollar debt if Clinton left office debt free?
Don't confuse the national debt with the national deficit. The national debt is the accumulated debt carried from year to year. The deficit is the difference between tax revenue and government expenditure in a given year. Clinton was able to get expenditures below revenus while he was in office (known as a budget surplus), but he was not able to eliminate the debt. Clinton inherited a massive debt from GHW Bush (which he inherited from Reagan), and passed an only slightly smaller debt to GW Bush.
Was national debt ever been fully paid off?
Yes, several times. Most recently, President Clinton was able to balance the budget in his administration, despite having inherited a deficit from President George H.W. Bush. It was not several times and Clinton didn't do it. In fact the national debt was $5,727,776,738,304.64 when Clinton left office. Clinton left office with about a $1.5 trillion increase to the national debt. The only time the national debt has been paid off was in 1835 under President Andrew Jackson.
Has the national debt declined before any president left office?
Clinton
Did Clinton ever attain zero debt?
Yes, the United States had a surplus under Clinton. No -- the answer above confuses the "debt" with "annual deficit." Yes, Clinton ran an annual budget surplus during certain years of his administration, but no, he did not attain "zero debt." That term refers to the accumulated debt of the U. S. since the 18th century, and Clinton added somewhere between $1.6 trillion and $2 trillion to the debt between 1992 and 2000. For comparative purposes, during the 12 years of the Reagan and first Bush administrations, about $3.2 trillion was added to the debt, and during the 8 years of the George W. Bush administration, about $4.4 trillion was added. -Tedwin223 Improved answer. Actually Bill Clinton gave us a Surplus, giving us SPENDING MONEY! When Bush came into office we plunged into debt and got a trillion dollar deficit.
How many times was the debt ceiling raised when Bill Clinton was in office?
Eight times
How can you get help with your debt?
There are many companies in the United States that are dedicated to helping consumers get out of debt. Companies such as Debt Help will consolidate your debt and help you manage your monthly payments.
What did Clinton do as chief executive?
Bill Clinton was a president in the 90's. He got rid of the countries debt. Americans were prospering during this time. The economy was booming.
Where can one go to get help on debt reduction?
You can get help on debt reduction from the Credit website under the sub-category "debt help." Once on the page, you will find detailed instructions and tips to help with debt reduction.
Did President Clinton pay off the National Debt using the Social Security Fund?
Yes
