[quote=jficquette] It was the Republicans and the “Contact with America” that balanced the budget.[/quote]
I think you mean contRact, unless you’re referencing Republicans bending America over once again. :o)
We’ll have to agree that it was a Democratic President (Clinton) and a Republican Congress who were present when the budget got balanced. No way of getting around that.
Now let’s look at what happened when we had a Republican President and a Republican Congress..
The Republican Congress eliminated the PAYGO rules (established under Bush I and a Democratic Congress) that basically outlawed deficit spending:
The Republican Congress eliminated PAYGO in the early 2000s in order to finance Bush’s tax cuts using a deficit.
This proves once and for all that the Reps can control spending no better than the Dems…they just choose to spend it on different things. Same result either way: our kids will pay for our follies.