Tuesday, October 15, 2013

Past deficits

Past Deficits - Perspective

Please read below: Interesting

Budget Deficits by Fiscal Year Since 1960:

President Barack Obama: First Term = $5.073 trillion
President George W. Bush: Two Term Total = $3.294
President Bill Clinton: Two Term Total = $63 billion surplus
President George H.W. Bush: First Term = $1.03 trillion
President Ronald Reagan: Two Term Total = $1.412 trillion
President Jimmy Carter: First Term = $253 billion
President Gerald Ford: Three Years = $181 billion
President Richard Nixon: First Term = 1+ Term Total = $70 billion
President Lyndon B. Johnson: Six Year Total = $42 billion
President John F. Kennedy: Two Years in First Term = $11 billion
President Dwight Eisenhower Total = $16 billion
President Harry Truman: Total = $3 billion
President Franklin D. Roosevelt: Total = $196 billion
FY 1789 - FY 1913 - $24 billion surplus. (Source: OMB, Table 1.1—Summary of Receipts, Outlays, and Surpluses or Deficits: 1789–2017)

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