History of the United States II / Unit 16 USH2 2296 short lesson, about 20 seconds
The Budget Surplus
Captions available
The idea
Higher tax revenue and budget cuts turned a deficit of close to two hundred ninety billion dollars in nineteen ninety-two into a record surplus of over two hundred thirty billion in two thousand.
In practice
Deficit figures turning to surplus across eight years.
Where people slip
The Yawp notes that the debt had ballooned despite earlier Republican vows of discipline.
Your place on the trail
Every lesson rests on earlier ones and opens later ones. Tap any to jump.
Builds on
Unlocks
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