Which two Presidents have balanced th...

Which two Presidents have balanced the budget ?

Created by American on Aug 2, 2010

438 votes

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Ronald Reagan

Richard Nixon

Harry Truman

FDR

Bill Clinton

George H W Bush

Calvin Coolidge

Dwight D Eisenhower

Herbert Hoover

Teddy Roosevelt

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“The party of whine”

Since: Mar 10

Belletucky

#1 Aug 2, 2010
This poll doesn't make sense because you can only pick one person.

The Answer is

Harry Truman
Bill Clinton

Both Democrats
to funny

Edison, OH

#2 Aug 2, 2010
Last time I checked Congress authorizes the budget, not the President.

During the last 40 years there have been five budget surpluses, all five were under Democratic Presidents: 1969, 1998, 1999, 2000, and 2001.
The rest of the story

Big Prairie, OH

#3 Aug 2, 2010
Jacques Strape wrote:
This poll doesn't make sense because you can only pick one person.
The Answer is
Harry Truman
Bill Clinton
Both Democrats
and republican controlled congress
The rest of the story

Big Prairie, OH

#4 Aug 2, 2010
this year they chose not to even have one...

“The party of whine”

Since: Mar 10

Belletucky

#5 Aug 2, 2010
The rest of the story wrote:
<quoted text>and republican controlled congress
not with truman
Dinglebarry Soetoro

Mansfield, OH

#6 Aug 2, 2010
Clinton gutted the military he loathed and bragged about cutting spending.

“The party of whine”

Since: Mar 10

Belletucky

#7 Aug 2, 2010
Dinglebarry Soetoro wrote:
Clinton gutted the military he loathed and bragged about cutting spending.
Hey Snappy, that wasn't the question.
postal

Buzzards Bay, MA

#8 Sep 7, 2012
if you chose bill clinton wrong try again. get off your butt and at least try to find the truth. i think it was eisenhower
Citizen

Bellefontaine, OH

#9 Sep 7, 2012
A surplus on the budget is just a surplus on paper, doesn't actually mean anything. Sure draw up a budget where we have more money coming in that's going out but how long does it last? We always end up spending more because it's not sustainable. Only true way for a surplus is to make government smaller and deregulation.

“ A TRUMPSTER”

Since: Sep 11

Location hidden

#10 Sep 7, 2012
Jacques Strape wrote:
<quoted text> not with truman
Truman had a republican controlled congress 1947-1948.

“ A TRUMPSTER”

Since: Sep 11

Location hidden

#11 Sep 7, 2012
Jacques Strape wrote:
This poll doesn't make sense because you can only pick one person.
The Answer is
Harry Truman
Bill Clinton
Both Democrats
If Clinton "balanced the budget," why did the national debt increase during those years?
Snapple

Radford, VA

#12 Sep 9, 2012
Eisenhower (republican, used to be a military commander),he balanced it twice. Herbert hoover (republican),Calvin Coolridge(Republican, balanced it every year he was a president), also republican. Only 2 democrats have balanced the budget :Bill Clinton and Lyndon B. Johnson.
Matt

Almont, MI

#13 Nov 25, 2012
Dinglebarry Soetoro wrote:
Clinton gutted the military he loathed and bragged about cutting spending.
Google: "Cheney makes biggest defense cuts in history" Under Bush Sr. Cheney, then secretary of defense, asked for and got the biggest cuts ever seen by numbers or percentage and i was one of them! Clinton may have claimed to have cut the military and may have hated it too but if republicans loved it they deserted it the moment the Golf war was over. Of course Clinton didn't object! He got the credit and the budget balenced!

Since: Feb 09

Location hidden

#14 Nov 25, 2012
As some have alluded to, to have a real balanced budget the national debt has to decrease. Thus, the last president to have a real balanced budget was Dwight D. Eisenhower.

Each year that Clinton was President, the national debt increased.

I have not looked into the debt data from the Truman years, but Don is correct by pointing out that the GOP controlled both Houses of Congress in 1947 and 1948.

It is really amazing that some are so ignorant that they equate a budget surplus with a balanced budget. What is scarier is that some of those people actually vote!
standing firm

Barberton, OH

#15 Nov 25, 2012
Hiker2009 wrote:
As some have alluded to, to have a real balanced budget the national debt has to decrease. Thus, the last president to have a real balanced budget was Dwight D. Eisenhower.
Each year that Clinton was President, the national debt increased.
I have not looked into the debt data from the Truman years, but Don is correct by pointing out that the GOP controlled both Houses of Congress in 1947 and 1948.
It is really amazing that some are so ignorant that they equate a budget surplus with a balanced budget. What is scarier is that some of those people actually vote!
This is a black and white issue so hiker might be able to help with this.

Back when the good general was prez the defense budget was separate? Yes? So it's much easier to have a balanced budget when one of your biggest expenditures is not included.

This is something I need to look at further to really have a better understanding. I suspect these accounting definitions have changed over time and it is really hard to compare past with the current.

What I do know is that Obama and bush both borrowed alot of money on non capital expenditures. Something that is not sustainable.

Osu has had a balanced budget but they have borrowed hundreds of millions of dollars the past couple years. In this case borrowing had nothing to do with a balanced budget... Hiker thoughts?
Vern

Mansfield, OH

#16 Nov 25, 2012
standing firm wrote:
<quoted text>
This is a black and white issue so hiker might be able to help with this.
Back when the good general was prez the defense budget was separate? Yes? So it's much easier to have a balanced budget when one of your biggest expenditures is not included.
This is something I need to look at further to really have a better understanding. I suspect these accounting definitions have changed over time and it is really hard to compare past with the current.
What I do know is that Obama and bush both borrowed alot of money on non capital expenditures. Something that is not sustainable.
Osu has had a balanced budget but they have borrowed hundreds of millions of dollars the past couple years. In this case borrowing had nothing to do with a balanced budget... Hiker thoughts?
Dwight D. Eisenhower. Marginal Tax Rate on Regular Income over $400,000: 92%- 91%

Since: Feb 09

Location hidden

#17 Nov 26, 2012
standing firm wrote:
<quoted text>
This is a black and white issue so hiker might be able to help with this.
Back when the good general was prez the defense budget was separate? Yes? So it's much easier to have a balanced budget when one of your biggest expenditures is not included.
This is something I need to look at further to really have a better understanding. I suspect these accounting definitions have changed over time and it is really hard to compare past with the current.
What I do know is that Obama and bush both borrowed alot of money on non capital expenditures. Something that is not sustainable.
Osu has had a balanced budget but they have borrowed hundreds of millions of dollars the past couple years. In this case borrowing had nothing to do with a balanced budget... Hiker thoughts?
On spending or off spending budgetary items are expenses that must be paid and are accounted for in the bottom line, which is what we are discussing. So, when calculating both on spending and off spending, there was still a surplus that was large enough to reduce the national debt once or twice during Eisenhower's Presidency. Thus, he had a real or true balanced budget.

In the situation with Clinton, there was a big enough surplus to cover government spending but not big enough to influence the principle on the national debt. That is why the national debt increased every year that he was president. He had a balanced budget in part but it was not a real or true balanced budget.

With OSU, they have not run a real balanced budget in years. That has been pointed out in their budget statements due to the borrowing from expected future revenue. 

Since: Feb 09

Location hidden

#18 Nov 26, 2012
Vern wrote:
<quoted text> Dwight D. Eisenhower. Marginal Tax Rate on Regular Income over $400,000: 92%- 91%
But they never paid that rate because one could write-off quite a bit more than they are allowed now. Studies show that those individuals paid about 35% to 40%.

“ A TRUMPSTER”

Since: Sep 11

Location hidden

#19 Nov 26, 2012
standing firm wrote:
<quoted text>
This is a black and white issue so hiker might be able to help with this.
Back when the good general was prez the defense budget was separate? Yes? So it's much easier to have a balanced budget when one of your biggest expenditures is not included.
This is something I need to look at further to really have a better understanding. I suspect these accounting definitions have changed over time and it is really hard to compare past with the current.
What I do know is that Obama and bush both borrowed alot of money on non capital expenditures. Something that is not sustainable.
Osu has had a balanced budget but they have borrowed hundreds of millions of dollars the past couple years. In this case borrowing had nothing to do with a balanced budget... Hiker thoughts?
SF. U r to b congratulated. LBJ was the first president to "lump" all spending together, & it ain't been good since. As for all these presidents "balancing the budget"---That's debatable. Besides, the congress appropriates the funds, the president spends the funds.
Curious

Grafton, OH

#20 Nov 29, 2012
to funny wrote:
Last time I checked Congress authorizes the budget, not the President.
During the last 40 years there have been five budget surpluses, all five were under Democratic Presidents: 1969, 1998, 1999, 2000, and 2001.
You need to re-check you facts. This time look a little deeper and where you get your information from. After you do this, I'm sure you will have a different answer. Here's a little hint, both parties are represented.

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