Ain't no Surplus!

Historical Record of Federal Public Debt and Deficits


The only way the goverment can spend more than it takes in (taxes), is to borrow money.  If the federal public debt is greater one year than the last, then by definition, the government ran a DEFICIT!

The surpluses (deficits) are calculated by comparing the year end total debt figures.

As it can be plainly seen, the last real surplus was in 1960!

If someone tells you that the government ran a surplus in either the 80's or 90's, they are just plain WRONG!

Fiscal Year End Federal Debt Surplus (Deficit)
     
1791 $75,463,476.52  
1792 $77,227,924.66 ($1,764,448.14)
1793 $80,358,634.04 ($3,130,709.38)
1794 $78,427,404.77 $1,931,229.27
1795 $80,747,587.39 ($2,320,182.62)
1796 $83,762,172.07 ($3,014,584.68)
1797 $82,064,479.33 $1,697,692.74
1798 $79,228,529.12 $2,835,950.21
1799 $78,408,669.77 $819,859.35
1800 $82,976,294.35 ($4,567,624.58)
1801 $83,038,050.80 ($61,756.45)
1802 $80,712,632.25 $2,325,418.55
1803 $77,054,686.40 $3,657,945.85
1804 $86,427,120.88 ($9,372,434.48)
1805 $82,312,150.50 $4,114,970.38
1806 $75,723,270.66 $6,588,879.84
1807 $69,218,398.64 $6,504,872.02
1808 $65,196,317.97 $4,022,080.67
1809 $57,023,192.09 $8,173,125.88
1810 $53,173,217.52 $3,849,974.57
1811 $48,005,587.76 $5,167,629.76
1812 $45,209,737.90 $2,795,849.86
1813 $55,962,827.57 ($10,753,089.67)
1814 $81,487,846.24 ($25,525,018.67)
1815 $99,833,660.15 ($18,345,813.91)
1816 $127,334,933.74 ($27,501,273.59)
1817 $123,491,965.16 $3,842,968.58
1818 $103,466,633.83 $20,025,331.33
1819 $95,529,648.28 $7,936,985.55
1820 $91,015,566.15 $4,514,082.13
1821 $89,987,427.66 $1,028,138.49
1822 $93,546,676.98 ($3,559,249.32)
1823 $90,875,877.28 $2,670,799.70
1824 $90,269,777.77 $606,099.51
1825 $83,788,432.71 $6,481,345.06
1826 $81,054,059.99 $2,734,372.72
1827 $73,987,357.20 $7,066,702.79
1828 $67,475,043.87 $6,512,313.33
1829 $58,421,413.67 $9,053,630.20
1830 $48,565,406.50 $9,856,007.17
1831 $39,123,191.68 $9,442,214.82
1832 $24,322,235.18 $14,800,956.50
1833 $7,001,698.83 $17,320,536.35
1834 $4,760,082.08 $2,241,616.75
1835 $33,733.05 $4,726,349.03
1836 $37,513.05 ($3,780.00)
1837 $336,957.83 ($299,444.78)
1838 $3,308,124.07 ($2,971,166.24)
1839 $10,434,221.14 ($7,126,097.07)
1840 $3,573,343.82 $6,860,877.32
1841 $5,250,875.54 ($1,677,531.72)
1842 $13,594,480.73 ($8,343,605.19)
1843 $32,742,922.00 ($19,148,441.27)
1843 $20,201,226.27 $12,541,695.73
1844 $23,461,652.50 ($3,260,426.23)
1845 $15,925,303.01 $7,536,349.49
1846 $15,550,202.97 $375,100.04
1847 $38,826,534.77 ($23,276,331.80)
1848 $47,044,862.23 ($8,218,327.46)
1849 $63,061,858.69 ($16,016,996.46)
1850 $63,452,773.55 ($390,914.86)
1851 $68,304,796.02 ($4,852,022.47)
1852 $66,199,341.71 $2,105,454.31
1853 $59,803,117.70 $6,396,224.01
1854 $42,242,222.42 $17,560,895.28
1855 $35,586,956.56 $6,655,265.86
1856 $31,972,537.90 $3,614,418.66
1857 $28,699,831.85 $3,272,706.05
1858 $44,911,881.03 ($16,212,049.18)
1859 $58,496,837.88 ($13,584,956.85)
1860 $64,842,287.88 ($6,345,450.00)
1861 $90,580,873.72 ($25,738,585.84)
1862 $524,176,412.13 ($433,595,538.41)
1863 $1,119,772,138.63 ($595,595,726.50)
1864 $1,815,784,370.57 ($696,012,231.94)
1865 $2,680,647,869.74 ($864,863,499.17)
1866 $2,773,236,173.69 ($92,588,303.95)
1867 $2,678,126,103.87 $95,110,069.82
1868 $2,611,687,851.19 $66,438,252.68
1869 $2,588,452,213.94 $23,235,637.25
1870 $2,480,672,427.81 $107,779,786.13
1871 $2,353,211,332.32 $127,461,095.49
1872 $2,253,251,328.78 $99,960,003.54
1873 $2,234,482,993.20 $18,768,335.58
1874 $2,251,690,468.43 ($17,207,475.23)
1875 $2,232,284,531.95 $19,405,936.48
1876 $2,180,395,067.15 $51,889,464.80
1877 $2,205,301,392.10 ($24,906,324.95)
1878 $2,256,205,892.53 ($50,904,500.43)
1879 $2,349,567,482.04 ($93,361,589.51)
1880 $2,120,415,370.63 $229,152,111.41
1881 $2,069,013,569.58 $51,401,801.05
1882 $1,918,312,994.03 $150,700,575.55
1883 $1,884,171,728.07 $34,141,265.96
1884 $1,830,528,923.57 $53,642,804.50
1885 $1,863,964,873.14 ($33,435,949.57)
1886 $1,775,063,013.78 $88,901,859.36
1887 $1,657,602,592.63 $117,460,421.15
1888 $1,692,858,984.58 ($35,256,391.95)
1889 $1,619,052,922.23 $73,806,062.35
1890 $1,552,140,204.73 $66,912,717.50
1891 $1,545,996,591.61 $6,143,613.12
1892 $1,588,464,144.63 ($42,467,553.02)
1893 $1,545,985,686.13 $42,478,458.50
1894 $1,632,253,636.68 ($86,267,950.55)
1895 $1,676,120,983.25 ($43,867,346.57)
1896 $1,769,840,323.40 ($93,719,340.15)
1897 $1,817,672,665.90 ($47,832,342.50)
1898 $1,796,531,995.90 $21,140,670.00
1899 $2,136,961,091.67 ($340,429,095.77)
1899 $1,991,927,306.92 $145,033,784.75
1900 $2,143,326,933.89 ($151,399,626.97)
1901 $2,158,610,445.89 ($15,283,512.00)
1902 $2,202,464,781.89 ($43,854,336.00)
1903 $2,264,003,585.14 ($61,538,803.25)
1904 $2,274,615,063.84 ($10,611,478.70)
1905 $2,337,161,839.04 ($62,546,775.20)
1906 $2,457,188,061.54 ($120,026,222.50)
1907 $2,626,806,271.54 ($169,618,210.00)
1908 $2,639,546,241.04 ($12,739,969.50)
1909 $2,652,665,838.04 ($13,119,597.00)
1910 $2,765,600,606.69 ($112,934,768.65)
1911 $2,868,373,874.16 ($102,773,267.47)
1912 $2,916,204,913.66 ($47,831,039.50)
1913 $2,912,499,269.16 $3,705,644.50
1914 $3,058,136,873.16 ($145,637,604.00)
1915 $3,609,244,262.16 ($551,107,389.00)
1916 $5,717,770,279.52 ($2,108,526,017.36)
1917 $14,592,161,414.00 ($8,874,391,134.48)
1918 $27,390,970,113.12 ($12,798,808,699.12)
1919 $25,952,456,406.16 $1,438,513,706.96
1920 $23,977,450,552.54 $1,975,005,853.62
1921 $22,963,381,708.31 $1,014,068,844.23
1922 $22,349,707,365.36 $613,674,342.95
1923 $21,250,812,989.49 $1,098,894,375.87
1924 $20,516,193,887.90 $734,619,101.59
1925 $19,643,216,315.19 $872,977,572.71
1926 $18,511,906,931.85 $1,131,309,383.34
1927 $17,604,293,201.43 $907,613,730.42
1928 $16,931,088,484.10 $673,204,717.33
1929 $16,185,309,831.43 $745,778,652.67
1930 $16,801,281,491.71 ($615,971,660.28)
1931 $19,487,002,444.13 ($2,685,720,952.42)
1932 $22,538,672,560.15 ($3,051,670,116.02)
1933 $27,053,141,414.48 ($4,514,468,854.33)
1934 $28,700,892,624.53 ($1,647,751,210.05)
1935 $33,778,543,493.73 ($5,077,650,869.20)
1936 $36,424,613,732.29 ($2,646,070,238.56)
1937 $37,164,740,315.45 ($740,126,583.16)
1938 $40,439,532,411.11 ($3,274,792,095.66)
1939 $42,967,531,037.68 ($2,527,998,626.57)
1940 $48,961,443,535.71 ($5,993,912,498.03)
1941 $72,422,445,116.22 ($23,461,001,580.51)
1942 $136,696,090,329.90 ($64,273,645,213.68)
1943 $201,003,387,221.13 ($64,307,296,891.23)
1944 $258,682,187,409.93 ($57,678,800,188.80)
1945 $269,422,099,173.26 ($10,739,911,763.33)
1946 $258,286,383,108.67 $11,135,716,064.59
1947 $252,292,246,512.99 $5,994,136,595.68
1948 $252,770,359,860.33 ($478,113,347.34)
1949 $257,357,352,351.04 ($4,586,992,490.71)
1950 $255,221,976,814.93 $2,135,375,536.11
1951 $259,105,178,785.43 ($3,883,201,970.50)
1952 $266,071,061,638.57 ($6,965,882,853.14)
1953 $275,168,120,129.39 ($9,097,058,490.82)
1954 $278,749,814,391.33 ($3,581,694,261.94)
1955 $280,768,553,188.96 ($2,018,738,797.63)
1956 $276,627,527,996.11 $4,141,025,192.85
1957 $274,897,784,290.72 $1,729,743,705.39
1958 $282,922,423,583.87 ($8,024,639,293.15)
1959 $290,797,771,717.63 ($7,875,348,133.76)
1960 $290,216,815,241.68 $580,956,475.95
1961 $296,168,761,214.92 ($5,951,945,973.24)
1962 $303,470,080,489.27 ($7,301,319,274.35)
1963 $309,346,845,059.17 ($5,876,764,569.90)
1964 $317,940,472,718.38 ($8,593,627,659.21)
1965 $320,904,110,042.04 ($2,963,637,323.66)
1966 $329,319,249,366.68 ($8,415,139,324.64)
1967 $344,663,009,745.18 ($15,343,760,378.50)
1968 $358,028,625,002.91 ($13,365,615,257.73)
1969 $368,225,581,254.41 ($10,196,956,251.50)
1970 $389,158,403,690.26 ($20,932,822,435.85)
1971 $424,130,961,959.95 ($34,972,558,269.69)
1972 $449,298,066,119.00 ($25,167,104,159.05)
1973 $469,898,039,554.70 ($20,599,973,435.70)
1974 $492,665,000,000.00 ($22,766,960,445.30)
1975 $576,649,000,000.00 ($83,984,000,000.00)
1976 $653,544,000,000.00 ($76,895,000,000.00)
1977 $718,943,000,000.00 ($65,399,000,000.00)
1978 $789,207,000,000.00 ($70,264,000,000.00)
1979 $845,116,000,000.00 ($55,909,000,000.00)
1980 $930,210,000,000.00 ($85,094,000,000.00)
1981 $1,028,729,000,000.00 ($98,519,000,000.00)
1982 $1,197,073,000,000.00 ($168,344,000,000.00)
1983 $1,410,702,000,000.00 ($213,629,000,000.00)
1984 $1,662,966,000,000.00 ($252,264,000,000.00)
1985 $1,945,941,616,459.88 ($282,975,616,459.88)
1986 $2,125,302,616,658.42 ($179,361,000,198.54)
1987 $2,350,276,890,953.00 ($224,974,274,294.58)
1988 $2,602,337,712,041.16 ($252,060,821,088.16)
1989 $2,857,430,960,187.32 ($255,093,248,146.16)
1990 $3,233,313,451,777.25 ($375,882,491,589.93)
1991 $3,665,303,351,697.03 ($431,989,899,919.78)
1992 $4,064,620,655,521.66 ($399,317,303,824.63)
1993 $4,411,488,883,139.38 ($346,868,227,617.72)
1994 $4,692,749,910,013.32 ($281,261,026,873.94)
1995 $4,973,982,900,709.39 ($281,232,990,696.07)
1996 $5,224,810,939,135.73 ($250,828,038,426.34)
1997 $5,413,146,011,397.34 ($188,335,072,261.61)
1998 $5,526,193,008,897.62 ($113,046,997,500.28)
1999 $5,656,270,901,615.43 ($130,077,892,717.81)
2000 $5,674,178,209,886.86 ($17,907,308,271.43)
2001 $5,807,463,412,200.06 ($133,285,202,313.20)
2002 $6,228,235,965,597.16 ($420,772,553,397.10)
2003 (Fiscal Year to Date-Jan. 30th) $6,399,305,080,810.20 ($171,069,115,213.04)

Sources:
http://www.PublicDebt.treas.gov/opd/opd.htm
http://www.PublicDebt.treas.gov/opd/opdpenny.htm
http://www.SSA.gov/history/feddebt.html