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Draft #10799 Skipped Created May 24, 2026, 21:56:33

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In 1998, the United States achieved its first federal budget surplus in 29 years, effectively ending a streak of deficits that had lasted since 1969. ⁠ ⁠ This milestone was achieved under President Bill Clinton, following the passage of the Balanced Budget Act of 1997, which resulted in a fiscal surplus of approximately $69 billion for that year.⁠ ⁠

May 24, 2026, 08:00:02 Open on X →

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