Republican (fascist/socialist) President Reagan, speaking to a joint session of the Democratic-Republican (status quo) 35th counterfeit CONgress (elected in accordance with the fraudulent 17th amendment), promises a balanced budget by 1984.

       Postscript: For Fiscal Year 1984, the Federal budget deficit—without accounting gimmicks—under Reagan was 250,800,000,000 “dollars.”

       [added 11/25/2022] Thanks to the Discovery-Civilization Channel for this entry.

       Ronald Wilson Reagan was no Libertarian, but a captive of the Establishment. –– JL

Subsequent Events:

6/29/1981                   2/23/2009

Authority:

References:

The Public Papers of the Presidents – Address Before a Joint Session of the Congress on the Program for Economic Recovery (April 28th, 1981)
www.presidency.ucsb.edu/ws/index.php?pid=43756&st=&st1=

Current U.s. National Debt:

$36,167,124,467,492

Source