New Video Is a Strong Indictment of Obama's Dismal Record on Spending
August 13, 2012 Leave a comment
The burden of federal spending in the United States was down to 18.2 percent of gross domestic product when Bill Clinton left office.
But this progress didn't last long. Thanks to George Bush's reckless spending policies, the federal budget grew about twice as fast as the economy, jumping by nearly 90 percent in just eight years This pushed federal spending up to about 25 percent of GDP.