Under Speaker Ryan, "Mr. Debt Crisis" himself, Congress reversed course and ran deficits of -$584B in 2016, -$665B in 2017, and -$779B deficit in 2018, an uptick of $341B over three years.
That's not so very bad when contrasted with the $1.252 trillion rise in the deficit in two years under Pelosi.
We had divided government for the last six years of Clinton's tenure and in 1999 had an on-budget surplus for the first time since 1960.
We also had divided government during the last two years of President George W. Bush, and we slid into recession as the deficit exploded.
We had divided government for most of Bush's first two years due to Republican Senator Jim Jeffords' defection in May 2001 to caucus with the Democrats.
That's not the divided government America will be getting in January: the very party that ran the trillion-dollar deficits ten years ago will be back in control at the very time their debts are maturing.
The 2018 audit just came out and it's titled: "Bureau of the Fiscal Service's Fiscal Years 2018 and 2017 Schedules of Federal Debt." One can find the audits at Treasury Direct on its Schedules of Federal Debt webpage.
https://www.americanthinker.com/articles/2018/11/the_federal_deficit_under_divided_government.html
That's not so very bad when contrasted with the $1.252 trillion rise in the deficit in two years under Pelosi.
We had divided government for the last six years of Clinton's tenure and in 1999 had an on-budget surplus for the first time since 1960.
We also had divided government during the last two years of President George W. Bush, and we slid into recession as the deficit exploded.
We had divided government for most of Bush's first two years due to Republican Senator Jim Jeffords' defection in May 2001 to caucus with the Democrats.
That's not the divided government America will be getting in January: the very party that ran the trillion-dollar deficits ten years ago will be back in control at the very time their debts are maturing.
The 2018 audit just came out and it's titled: "Bureau of the Fiscal Service's Fiscal Years 2018 and 2017 Schedules of Federal Debt." One can find the audits at Treasury Direct on its Schedules of Federal Debt webpage.
https://www.americanthinker.com/articles/2018/11/the_federal_deficit_under_divided_government.html
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