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Billion smaller than it was when president obama first took office. we are currently witnessing the fastest deficit reduction in this country since the end of world war ii. the alleged big spending liberal barack obama has already signed into law approximately $2.4 trillion deficit reduction measures over the next decade. and that could be higher, except for the deficit peacocks on the other side of the aisle in congress keep balking at ideas like cap and trade and the dream act and closing tax loopholes, all of which would reduce the debt and the deficit. and all of which are policies that re...

Government for the first time in over a generation ran surpluses. washington took in more money in those years than it spent. take a look at this chart. you see those years in which the deficit stopped being a deficit, and instead became a surplus in those were the jack lew years. those were the years that jack lew was in charge of the budget. those were also the years in which debt clocks had to be unplugged because they had never been programmed to run backwards. it was not jack lew alone who led us to that fiscal breakthrough as a country. but he was budget director, and with success comes ...

Deficit is now more than $200 billion smaller than it was when president obama first took office. we are currently witnessing the fastest deficit reduction in this country since the end of world war ii. the alleged big spending liberal barack obama has already signed into law approximately $2.4 trillion deficit reduction measures over the next decade. and that could be higher, except for the deficit peacocks on the other side of the aisle in congress keep balking at ideas like cap and trade and the dream act and closing tax loopholes, all of which would reduce the debt and the deficit. and all...

We are currently witnessing the fastest deficit reduction in this country since the end of world war ii. the alleged big spending liberal barack obama has already signed into law approximately $2.4 trillion deficit reduction measures over the next decade. and that could be higher, except for the deficit peacocks on the other side of the aisle in congress keep balking at ideas like cap and trade and the dream act and closing tax loopholes, all of which would reduce the debt and the deficit. and all of which are policies that republicans used to like until president barack obama said that he lik...

In the final three years of his presidency. and it was during those final three years of the clinton presidency when the u.s. government for the first time in over a generation ran surpluses. washington took in more money in those years than it spent. take a look at this chart. you see those years in which the deficit stopped being a deficit, and instead became a surplus in those were the jack lew years. those were the years that jack lew was in charge of the budget. those were also the years in which debt clocks had to be unplugged because they had never been programmed to run backwards. it w...