Shows how these lib pundits have almost no idea of what they talk about.
We did`nt have a federal deficit for the year.The national debt is the accrued debt from years of deficit spending.
I could`nt guess the last time we did`nt have a national debt.
Minor point I know,but usually leftist propaganda is filled with these inaccuracies.
Listen to anything that spews from Ted Kennedys mouth.
Yes: I noticed the strange lack of truth in this story too.
If I recall correctly, the last time was during Andrew Jackson's Presidency.
I would have to guess that the last time we did not have a national debt would have been sometime before comrade Roosevelt took office.