Talk of The Villages Florida - View Single Post - Bill in Congress HR 8331
View Single Post
 
Old 07-24-2022, 12:03 PM
retiredguy123 retiredguy123 is offline
Sage
Join Date: Feb 2016
Posts: 17,525
Thanks: 3,072
Thanked 16,704 Times in 6,605 Posts
Default

Quote:
Originally Posted by Caymus View Post
The National Debt has not been reduced since 1957. Do you mean budget deficit?
As I understand it, if the annual budget deficit is negative, then the debt is reduced. I think we had a negative deficit at some point during the Clinton years. It occurred between 1998 and 2001.

Last edited by retiredguy123; 07-24-2022 at 12:08 PM.