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Then there were the debt. During a term of eight years, Bill Clinton reversed Reagan's course, raising taxes on the wealthy, and lowering them for the running and middle classes. This produced the longest sustained economic expansion in American history. It produced budgetary surpluses allowing federal government to begin paying within the crippling debt begun under Reagan. In 2000, Clinton's last year, the surplus amounted to $236 million. The forecast of a ten-year surplus stood at $5.6 billion. It was the last
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