Balanced Budget

[Whooter]

When was the last balanced budget by a GOP president?

[MDLNB]

Over the past 50 years, 10 U.S. presidents have made annual budget requests to Congress, projecting deficits both big and small. But no other president compares to Barack Obama when it comes to the size and scale of the current budget deficit facing the United States.

The country is facing an 8.3 percent estimated average national deficit of a two-term Obama administration — the biggest of the past 50 years. By comparison, the current estimate for Obama is nearly double the percentage under Presidents Ronald Reagan and George H.W. Bush — and they were fighting the Cold War.

[MDLNB]

When was the last balanced budget by a GOP president?

Eisenhower

[MDLNB]

Eisenhower was also the last PRESIDENT to pay down on the National Debt, meaning there really has not been a budget surplus since he was president.