Quote:
Originally Posted by Rajoo
Isn't that normal (cumulative deficits) considering the US has been in deficit territory since Reagan? Or is this another gotcha on Joe Biden?
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There have been four surplus years since Regan, 1998 -2001, and nine prior, 1969, 1957, 1956, 1951, 1949,1948, 1947, 1930 and 1929. (
https://www.thebalancemoney.com/us-d...y-year-3306306)