The federal government then must borrow money to fund its deficit spending. ...  spending are equal in a given fiscal year, then the government has a balanced  budget. ... The federal government has run a deficit in 45 out of the last 50 years.  Usually ... For example, you may buy a five-year $100 bond today and pay only  $90.
Jun 4, 2018 ... What has the U.S. budget deficit has been every year since 1969? ... In fact, the  government has recorded budget surpluses in only five years since ... In all-too- rare times when revenue equals spending, the budget is called ... Running a  budget deficit adds to the national debt and, in the past, has forced ...
The amendment states that federal spending could not exceed revenue, ... hard  times, they're wondering why their federal government doesn't have to do ... "In  fact, the United States has balanced its budget only five times in the last 50 years.
Jan 3, 2019 ... Simply explained, the federal government generates a budget deficit ... The  national debt can only be reduced through five mechanisms: increased ... In  modern times, the government has struggled to spend less than it takes in for  over .... The U.S. economy has not been that healthy over the last 15 years.
Feb 3, 2010 ... 03 CNN Fact Check: The last president to balance the budget ... on the budget  because, “the last time the budget was balanced was ... The U.S. government  suffered budget deficits every year from 1970 ... Bottom Line: Democrat Bill  Clinton was president the last time the federal budget was balanced, and ...
In the last 50 years, (the federal government has) only balanced the budget five times.