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Andrew Jackson was the only president who paid off the national debt. The date was 1835. There may have been a small debt used to make pay roll before next year's taxes came in, but it was less than $35,000. The next president, Van Buren did not take long to increase it 100-fold and it was never again paid off entirely.
Calvin Coolidge was the last president who reduced the debt while he was in office. There was one 12 month period under Clinton when the government took in more than it spent, but overall the debt was higher when Clinton left office than it was when he entered.
Wiki User
∙ 11y ago
Wiki User
∙ 12y agoAndrew Jackson paid off the national debt by the time he left office in 1837 except for about $35,000 that was needed to meet current expenses until tax money for next year came in. After that, the debt was never paid off. It was increased in war time and reduced in peace time but was never close to zero.
Wiki User
∙ 12y agoAndrew Jackson was the last US president to leave office with no virtually no national debt.
Wiki User
∙ 12y agoBush
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What was President Andrew Jackson opposed to?
US President Andrew Jackson was the 7th US president. He was opposed to a national US bank, and he was opposed to having the US Federal government in debt.
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huge debt.
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The last President of the US who was a Mason was Gerald Ford.
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