Jackson Lee Claims $5.6 Trillion Surplus Following Clinton Admin

Fact check: Federal government had $237 billion surplus in 2000

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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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