national debt yearly

Did President Clinton really run a budget surplus that Bush then squandered?

Congressional Budget Office (CBO) historical data on the yearly budget surplus and deficit. http://www.cbo.gov/budget/data/historical.pdf
It shows four years of budget surplus and decreasing national debt, from 1998 to 2001. The “On-Budget” number, not including Social Security and the Postal Service, was in surplus in 1999 and 2000.

Absolutely, true.