HERBERT G PETERS
Andrew Jackson Democrat
Primary Election Candidate for US Senate,
California; got 25,000 votes

 

LAST BALANCED BUDGET; 1957

A balanced budget is achieved when your spending is equal your income. A surplus occurs when income is greater than spending.

There have been NO US Treasury balanced budgets or surpluses since last achieved by Eisenhower administration in 1957:

Please visit the web site and do the math.

$2,223,641,753 was the last surplus, produced in 1957.

Every year the Clinton administration produce a deficit; the smallest deficit was in the year 2000 with a deficit of $17,907,308,271. (Over 17 billion dollars).

The debt and deficits for the years 1950 to 2015 are shown here.

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