Jackson Lee Claims $5.6 Trillion Surplus Following Clinton Admin
290 views · Published 5 December 2012 · 0:08 · Indexed 22 October 2026
Channel: Washington Free Beacon · 2012 · News & Politics
Representative Sheila Jackson Lee (D., Texas) claimed that the United States had a $5.6 trillion surplus at the end of the Clinton administration Tuesday. "Remember, we had a $5.6 trillion surplus in 2000 -- 2001 from the Clinton administration," Jackson said in the interview while discussing fiscal cliff negotiations. However, according to CNN Money, the "Treasury Department reported a budget surplus... of $127 billion" for fiscal year 2001 and a $237 billion surplus for fiscal year 2000.
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