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