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Topic: Business
Number of pages / Number of words: 6 / 1680
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Before then, there was no national debt, and after that point the debt has increased greatly because of more war debt and things such as inflation. The amount of debt fluctuates year by year. For example, between the years 1977 and 1981, the deficit was below $100 billion. Between 1982 and 1991, the deficit increased to around $425 billion...


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Between 1982 and 1991, the deficit increased to around $425 billion. Over the next few years, (1992-2001) the deficit dropped back down to below $100 billion, then shot up to about $600 billion between 2002 and 2004. Congress expected there to be a ten year period of surpluses which led to a tax cut...


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