Never happened. You merely heard the claim made so many times it only seems as though it must be true. And there is the glaring fact that a President cannot collect a cent of tax nor appropriate a single penny to be spent.
Quote:
Historical Debt Outstanding – Annual
09/30/2000 5,674,178,209,886.86
09/30/1999 5,656,270,901,615.43
09/30/1998 5,526,193,008,897.62
09/30/1997 5,413,146,011,397.34
09/30/1996 5,224,810,939,135.73
09/29/1995 4,973,982,900,709.39
09/30/1994 4,692,749,910,013.32
09/30/1993 4,411,488,883,139.38
09/30/1992 4,064,620,655,521.66
http://www.treasurydirect.gov/govt/r...t/histdebt.htm"
--Whoops! I was referring to the defict. My fault! I didn't write the list. I simply found it, saw that a great deal of it was true, and posted it for discussion.
