The Treasury Budget – Is Obama the Worst Ever?

The Treasury reported a budget surplus of $157 billion today, about $2 billion above what analysts were expecting.

Here’s a look at the Treasury budget picture (surplus or deficit) over the past 15 years.

Interestingly, the Obama tax increases initially led to an improved budget picture, but that jump has since subsided as the tax increases slow economic growth and the federal government gives up on improving the expenditure side of the balance sheet.

Given that government budgeting is a political process, let’s put today’s budget figures into perspective, by U.S. president.

Treasury Budget  Treasury Surplus and/or Deficit by...

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