TheRealMafoo said:
Regardless, add the 500 billion for the war for Bush, and he is still way behind what we are spending now. |
If i remember correctly in 07 the federal budget was about 2.5 trillion and so anything over that would be a deficit. For example in 06 the gross public debt which is the national debt was at about 10.7 trillion from what your website says. The federal deficit for the year of 07 was 160 billion, however the national debt did not increase by 160 billion. Instead it increased to 11.4 trillion which is up 700 billion and then in 08 bush's last year it increased again to 12.5 trillion. The reported deficit was 458 billion but was really about 1.1 trillion.
As this information is based on the information from the website it does not say which was the emergency war fund that bush always used and which were programs like tarp and the stimulus bills, but something like funding 2 wars should have been included in the budget not something to be later tacked on to the national debt to make his federal deficit numbers look better then they really were.
So yes it is looking at the deficit and there is also the national debt which by the end of the bush presidency he was at about 1.1 trillion (not sure if this included any other emergency spending other then the war spending,) from this website alone.
If you were to look at other sites for information they say things like Medicare reimbursements war spending adding in money for natural disasters are some of the reasons why bush's reported deficit in 08 was about 460 billion while in 09 it was 1.4 trillion as those were never accounted for in the federal deficit but were always there none the less. There is also other things to take into account like the federal budget shrinking by about 300 billion due to less tax revenue from 08 to 09 which would take the effect of the same amount being spent but since less is being taken in the deficit would look bigger. ( 08 budget about 2.5 trillion which 09 budget about 2.2 trillion)
So by the end of the bush presidency he was actually spending about the same amount as obama did in his first year.







