In recent economic history,the U.S.federal budget was in surplus during

Name: In recent economic history,the U.S.federal budget was in surplus during
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The U.S. federal budget was in surplus during the years 1998 through 2001. This was due in large part to the strong economic growth during this time period and the tax revenue generated as a result. However, the surplus did not last long and the budget was in deficit again by 2002.

In Recent Economic History,the U