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Then we'd the debts. During a term of eight years, Bill Clinton reversed Reagan's course, raising taxes upon the wealthy, and lowering them for the working and middle classes. This produced the longest sustained economic expansion in American history. It produced budgetary surpluses allowing brand new to begin paying to 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