![](https://www.pgpf.org/sites/default/files/0023_federal-deficit-surplus-full.gif)
Federal Deficits and Surpluses, 1800 to Present
Prior to the Great Depression deficits were unusual in the U.S. Budget. Surpluses occurred in about two-thirds of the years between 1800 to 1929.
https://www.pgpf.org/chart-archive/0023_federal-deficit-surplus