America's Annual Federal Spending Deficit: Past, Present, and Future

America's Annual Federal Spending Deficit: Past, Present, and Future
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The U.S. government has racked up more debt since the turn of the century than in the nation’s entire history from 1776 through 2000, with no sign of letting up. Incredibly, just 20 years ago the federal government actually posted a modest surplus, but in recent years, deficits nearing or topping $1 trillion per year have become the norm.

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