About Alabama — Balancing the Federal Budget


August 11, 2011

The federal government has spent more than it has taken in during 44 of the last 50 years. The last balanced budgets occurred in the four-year period from 1998 to 2001, and there were two earlier instances in the 1960s. While the nation’s government never has been required to balance outlays against receipts, the continuing […]


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