But for millions of Americans deficits will soon began to pinch, hard.
Despite the doctor's surgery, deficits began to climb again.
But it forecasts that the deficit will begin to fall next year.
The Administration believed last autumn that, after an 18-month decline, the dollar was close to a point where the deficit should begin to improve.
The deficit has already begun to eat away at the foundations of our economic strength.
By the year's end, the surplus had dwindled to $251,000 and the deficits began mounting.
Most economists agree that the huge deficits the Government began running in the 1980's are dangerous to the future.
The belief is that these deficits will begin to shrink as the economy grows.
On this basis, the deficit began shrinking in spring 1986.
Beginning in the mid-1970s, a deficit in the program began to appear.