Quote:
Originally Posted by cthulu23
I seem to remember a budget surplus not all that many years ago.
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It certainly wasn't due to consistent fiscal restraint, rather it was due to perhaps the most extreme case of economic growth in the history of the world. The treasury was gaining money more than the Congress could spend it. The $5.6 trillion figure was based around unrealistic estimates which counted on the economy's continued growth at staggering rates.