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Limbaugh falsely claimed "there never was a
surplus" under Clinton
Media Matters
September 13, 2005
Describing the claim that "the Bush administration squandered this giant
surplus left by the Clinton administration" as a "Democrat [sic] mantra talking
point," nationally syndicated radio host Rush Limbaugh falsely asserted that
"there never was a surplus" under President Clinton. In fact, from 1998 to
2001, the federal government ran total annual budget surpluses of between $69.2
billion and $236.2 billion, according to figures from the nonpartisan
Congressional Budget Office (CBO).
From the September 12 broadcast of The Rush Limbaugh Show, in which Limbaugh
responded to a clip of Sen. Mary Landrieu (D-LA) criticizing the Bush
administration for not investing in flood-control projects in the Gulf Coast
region despite taking over a large federal budget surplus from the Clinton
administration:
LANDRIEU [clip]: Bill Clinton was running the largest deficit
created by the Reagan administration before him and the Bush administration
before him. President Bush was running a surplus. Yet, when he had a surplus,
he didn't invest it in levees and flood protection for people from Miami to
Orlando to New Orleans to Biloxi [Mississippi] or to Mobile
[Alabama].
LIMBAUGH: This is sad. This is what [a previous caller] was talking
about. But it's just patently sad that somebody with this limited amount of
understanding and knowledge is actually in the U.S. Senate. The '90s were the
greatest decade, uh, for economic activity in recent years, I thought. When was
the peace dividend and all the surplus? The sur -- well, that came after, uh,
the Soviet Union and the -- and the, uh, and the [Berlin] Wall fell. And the
Clinton administration got rid of all those big deficits. This surplus that
she's talking about, there never was a surplus. It was 10-year economic
forecasts. But anybody with half a brain can tell you, folks, that two things
are going to happen when a government report says there's a huge surplus in
the, uh, in the out years: A) Government is going to suggest raising taxes, not
cutting them; and B) They're gonna spend it. And this is precisely what
happened. There never was a surplus. This is a Democrat [sic] mantra talking
point about how the Bush administration squandered this giant surplus left by
the Clinton administration.
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