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Then there were the debt Company filings information . During a term of eight years, Bill Clinton reversed Reagan's course, raising taxes towards the wealthy, view it now and lowering them for the important and middle classes. This produced a long sustained economic expansion in American customs. It produced budgetary surpluses allowing brand new to begin paying on the crippling debt begun under Reagan. In 2000, Clinton's last year, the surplus amounted to $236 thousand. The forecast of a ten-year surplus stood at $5.6 mil. It was the last black ink America would see for decades, perhaps forever.
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