President Ike Eisenhower was the last Republican president to balance the federal budget. He refused to lower taxes. He paid down the national debt. He spent money to create jobs. Eisenhower’s Interstate Highway System (begun and completed on-time and on-budget during his first term) returned more than $6 in economic activity for each $1 it cost. He did not lower taxes, cut spending, kill jobs or increase the national debt. President Eisenhower was America’s last fiscal conservative!