Reply #9: Nice chart here on federal spending and deficit trends [View All]

[Lecky]

(3rd chart down)

Federal Spending and deficit Trends

The only significant transition to a balanced budget occurred during the Clinton years. When Clinton left office the budget was balanced. Future generations were saving $400 per person on the cost of past debts. That amounts to a savings of more than $2000 per person over the deficits that existed when Clinton took office.