0
When did the first federal budget surplus in three decades occur?
Wiki User
∙ 11y ago
in 1998 the United States achieved its first federal budget surplus
Wiki User
∙ 11y ago
Add your answer:
Earn +20 pts
The first type of society to generate a material surplus is?
Industrial
What is new surplus mean?
OK, first of all, "What is new surplus mean?" is not English. You gotta say, "What does new surplus mean?" Anyway, the definition is like the item is unused, looks good, but was bought from others. Therefore, it may not work perfectly, and the certificate is not available. I you.
What is the limitations of budgeting?
The first limitation of budgeting is your willingness to stick to the budget. Budgeting is futile and ineffective if you will not use it constantly. Second, is determination to follow the budget. If you can't control your spending, then your budget won't work. Lastly, if you were able to list the correct data into your budget. Missing an account or item will ruin the budget.
Who was the chairman of the Federal Reserve during the first decade of the twenty-first century?
Alan Greenspan served as Chairman of the Federal Reserve from 1987 to 2006. Ben Bernanke served as Chairman of the Federal Reserve from 2006 to 2014.
what was the first road to be built with federal funds?
the national road
Was there a budget surplus under Andrew Jackson?
Yes, Andrew Jackson was able to achieve a budget surplus during his presidency. This surplus was a result of his policies such as reducing government spending and eliminating the national debt. However, the surplus was short-lived and eventually led to an economic recession.
The federal budget process begins with?
The process of preparing a federal budget is first knowing what the budget is. The president then has to submit his budget requests to Congress.
Did Bill Clinton's policies hurt America's economy?
No, Bill Clinton was responsible for the first balanced budget in years. When he left office, there was a booming economy and federal budget surplus. Had things continued on that track, the debt would be much, much lower than it is today.
In the united staes who first proposes the federal budget?
the president
US president to be in office when the government had a budget surplus was?
The government had a surplus during some of Hoover's years in office . There was a 12-month period during which there was a surplus under Clinton . Of course, Congress controls the budget, the President can only make suggestions but sometimes he can spend less than he was authorized to spend by Congress.
What year after World War 2 did the defense budget first decline as a percentage of the federal budget and a percentage of GNP?
1949
Which is a notable fact about the Clinton presidency?
He was impeached by the House of Representatives for lying about an affair
What house is the federal budget first heard in?
The federal budget is first heard in the House of Representatives. The House has the authority to initiate revenue-related bills, including budget proposals.
Who was the first president to assume office with a surplus in over thirty years?
George W. Bush ...................he took office with a federal surplus of $127 billion, left by Pres. Bill Clinton..........
What was the state of the federal budget at the start of the 21st century?
surpluses for the first time in 30 years
Where does the budget making process begin?
The stages in a budgeting process normally start with a communication from the centre as to what the budget policy is for the year with guidelines and briefing notes. You then identify the limiting factor that will restrict performance, and in most companies that is the level of demand. So the first element that you tend to prepare in a budget is the sales budget.
The late 1990s marked the first time in 30 years the President and the Office of Management and Budget (OMB) were able to make what announcement regarding the national deficit?
The government was running a surplus.
