
It seems that if an Administration persists in spending at about the same high rate as the previous Administration had reached with about the same revenues, the Deficit will increase about as fast as it did in the previous Administration.
And if revenues decrease as they did in 2008/09, the Deficit will increase even faster.
A sidenote:
One of the contributing factors to the ever-so-brief surplus in the late-90s was the Administration at that time having substituted new short-term bond issues in place of expiring long-term bonds, thereby suppressing the interest the Government had to pony-up, just a smidgen.
DonDiego will leave as an exercise for the interested reader, if any, to ponder what happens if/when interest payments on present and future debt rises if/when the Central Bank stops suppressing interest rates by buying all the newly-issued bonds as it is currently doing.