The U.S. government has had only ten years between 1977 and 2007 where a surplus occurred because government revenues were greater than expenditures.

Name: The U.S. government has had only ten years between 1977 and 2007 where a surplus occurred because government revenues were greater than expenditures.
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Between 1997 and 2001, there were surpluses, and the U.S. Treasury was able to retire several hundred billion dollars of government debt.

The US Government Has Had Only Ten Years Between 1977 and and 2007