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Secretary Leon Panetta

Intelligence Matters

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How Did You Get Back to Balanced Budgets?

In 19 89, when you became the chairman of the budget committee, we had a deficit of three percentage t p by 19 98. Nine years later, with all your work, both in congress an the white house, we had our first surplus since 19 69. And we had a surplus for four consecutive years. I looked all the way back to 19 29, and there was never a four year period of surplus in the federal in the federal budget. So how did you do that? And how important do you think that is to the country, and how important is it to get back to it? Well, you know, it's very disappointing to have worked most of my career in the

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