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* In its first 150 years, the Government sometimes generates budget deficits (for instance, to finance a war) but later ran surpluses and repaid much of the debt that had accumulated. * In 2001, the federal budget surplus was $184 billion. Budget deficits had grown more frequent in the last half-century, and they soared during the 1980s. At the end of fiscal year 1977 the deficit was $706 billion. By the end of the fiscal year 1997 it was $5.38 trillion--almost 8 times as much as it had been 20 years earlier. * In its first three years, the Government spent a total of about $4 million. By the 1800, total annual spending amounted to less than $11 million. Almost two centuries the total has climbed to $521 billion. * Federal spending climbed during the 1930s from $4 billion in 1931 to over $8 billion in 1936. WW2 increased that number to $91 billion by 1944.

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