The federal government has achieved fiscal balance (even surpluses) in just seven periods since 1776, bringing in enough revenue to cover all of its spending during 1817-21, 1823-36, 1852-57, 1867-73, 1880-93, 1920-30 and 1998-2001. We have also experienced six depressions. They began in 1819, 1837, 1857, 1873, 1893 and 1929.
The one exception occurred in the late 1990s and early 2000s, when the dot-com and housing bubbles fueled a consumption binge that delayed the harmful effects of the Clinton surpluses until the Great Recession of 2007-09.
https://www.savannahnow.com/story/lifestyle/columns/2012/12/26/kelton-balanced-budget-huge-mistake/13649382007/
And the Tax Increases under Clinton as a continuation of the 1993 tax increases.
If the economy booms and we cut taxes, like conservatives did before the 2008 financial crisis, then the deficit will still increase.