First back-to-back budget surpluses in 43 years

Eliminated the $290 billion budget deficit, produced back to back surpluses and paid off over $140 billion of the national debt. This resulted in lower interest rates on mortgages and car loans - an effective tax cut of $2,000 for a family with a $100,000 mortgage.

Chart: The Budget is in Surpluss After Years of Deficits.


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