Treasury Data: U.S. Would Have Surplus If Spending Returned to 2008 Level

Posted by Raw Editor on November 4, 2015 in politics | ∞

The federal government would have run a $270 billion surplus in fiscal 2015 had federal spending merely returned to the level it was in fiscal 2008—the last fiscal year before President Barack Obama took office.That is according to the official spending and revenue numbers published by the Treasury.

Source: Treasury Data: U.S. Would Have Surplus If Spending Returned to 2008 Level

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