|
Courtesy of the Congressional Budget Office, a small, non-partisan budget watchdog organization
Surplus or Deficit, by year
-------------------------------------------------------------------------------- The first column is the year, the second column is deficit or surplus for that year, and the third is the cumulative debt.
1962 -7.1 248.0 1963 -4.8 254.0 1964 -5.9 256.8 1965 -1.4 260.8 1966 -3.7 263.7 1967 -8.6 266.6 1968 -25.2 289.5 1969 3.2 278.1 1970 -2.8 283.2 1971 -23.0 303.0 1972 -23.4 322.4 1973 -14.9 340.9 1974 -6.1 343.7 1975 -53.2 394.7 1976 -73.7 477.4 1977 -53.7 549.1 1978 -59.2 607.1 1979 -40.7 640.3 1980 -73.8 711.9 1981 -79.0 789.4 1982 -128.0 924.6 1983 -207.8 1,137.3 1984 -185.4 1,307.0 1985 -212.3 1,507.3 1986 -221.2 1,740.6 1987 -149.7 1,889.8 1988 -155.2 2,051.6 1989 -152.5 2,190.7 1990 -221.2 2,411.6 1991 -269.3 2,689.0 1992 -290.4 2,999.7 1993 -255.1 3,248.4 1994 -203.3 3,433.1 1995 -164.0 3,604.4 1996 -107.5 3,734.1 1997 -22.0 3,772.3 1998 69.2 3,721.1 1999 125.6 3,632.4 2000 236.4 3,409.8 2001 127.4 3,319.6 2002 -157.8 3,540.4 2003 -375.3 3,913.6
--------------------------------------------------------------------------------
Source: Congressional Budget Office.
Spending has never gone down under a Republican Adminstration since 1962. In fact, the only time it did go down was under LBJ, from 1964 to 1965 (by $300 million).
You can see the entire chart here, with spending and revenue included: http://www.cbo.gov/showdoc.cfm?index=1821&sequence=0#table1
In the 8 years that Reagan was in office, spending practically doubled (from 590.9 to 1064.4).
The Bush Administration, with a Republican Congress, has increased spending 7.2% this year over last year. The biggest increase I could find under Clinton was 3.7%. Reagan's first budget had a 15% increase in spending over Carter's last budget. Who are the big spenders again?
|