The 80th Congress had economic achievements that continue to this day. It cut taxes, sparking an economic boom that would last through the 1950s. It balanced the federal budget for the first time in years. It also implemented the joint income tax return for married couples, which gives a financial benefit to a working man in sharing his income for tax purposes with a wife who is raising the children rather than earning an income. | The 80th Congress had economic achievements that continue to this day. It cut taxes, sparking an economic boom that would last through the 1950s. It balanced the federal budget for the first time in years. It also implemented the joint income tax return for married couples, which gives a financial benefit to a working man in sharing his income for tax purposes with a wife who is raising the children rather than earning an income. |