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When was the last time the US had a budget surplus?

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Clinton did not have a surplus of $230B in the year 2000 because he had to borrow $246.5 From numerous other off budget funds. Clinton NEVER ran a surplus during his 8 years in office, he just borrowed yearly from different budgets, (primarily the SS budget) to offset the general fund losses. In 2000 the following funds were borrowed which resulted in a $16.5 deficit.

$152.3B from Social Security
$30.9B from Civil Service Retirement Fund
$18.5B from Federal Supplementary Medical insurance Trust Fund
$15.0B from Federal Hospital Insurance Trust Fund
$9.0B from the Federal Unemployment Trust Fund
$8.2B from Military Retirement Fund
$3.8B from Transportation Trust Funds
$1.8B from Employee Life Insurance & Retirement fund
$7.0B from others

Total borrowed from off budget funds $246.5B, meaning that his $230B surplus is actually a $16.5B deficit.
($246.5B borrowed - $230B claimed surplus = $16.5B actual deficit).

The last time the federal government ran a true suplus was 1969, the total surplus was $3.2B and before that was $1960, $.3 B

Translation, when you are taking more than you are spending,, that is a surplus, and we were not taking in more than we were spending under Clinton.
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It is better to have a deficit budget at it gives a boost to the economy for development with scope for further surplus (revenue or borrowing).Surplus budget is detrimental to

Did Jimmy Carter run a budget surplus?

Yes, in President Carter;s last year in office his administration  submitted a balanced budget to congress. Nixon NO; Ford NO; Reagan  NO; Bush NO.

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He borrowed money from off budget funds! Here is a basic run down, but follow the links to the government website to seek the truth for yourself so you will know its not just

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Because when the govt spends more and get lesser revenue... then it highers the economy... here the Q araises How?? So the asnwer is e.g when govt spends 50,000$ and gets reve
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How do you calculate budget surplus?

you take the earnings of the economy and less all the expenditures. you also must consider net exports and any othe rrelated factors