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Then there was the deficit. During a term of eight years, Bill Clinton reversed Reagan's course, raising taxes towards the wealthy, and lowering them for the significant and middle classes. This produced a long sustained economic expansion in American heritage. It produced budgetary surpluses allowing federal government to begin paying around the crippling debt begun under Reagan. In 2000, Clinton's last year, the surplus amounted to $236 billion dollars. The forecast of a ten-year surplus stood...