What would it take for the United States to have a balanced budget and how long would it take?
And if it happened, who would take credit for it?
- Jeff DLv 75 months agoFavorite Answer
Tax revenues grow automatically with the economy. If we could ever put a lid on spending, the budget would eventually balance and start running a surplus (that's basically what happened for a couple of years during Clinton's Presidency).
Of course, that's not likely to happen again any time soon.
- Anonymous5 months ago
For Russia to wipe that American Scum off the face of the planet. Once that happens all debts will be repaid and the world will be a better place.
- Godless GazooLv 75 months ago
A Constitutional Amendment.
If that happens it will be states initiated.
- Lois GriffinLv 65 months ago
"who would take credit for it?"
----Well I'm sure Trump would CLAIM and TRY to take credit for it, as he does for everything.
but he sure wouldn't be responsible for it.
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- -j.Lv 75 months ago
As far-fetched as the notion sounds now, there was one under Clinton, so it is possible.
It would take Republicans not constantly cutting revenues below expenditure levels, ie. basic math.