September 5, 2012
DO TELL: On federal spending, Barack Obama is no Bill Clinton. See the chart at the link. “I have circled the chart showing federal outlays as percentage of GDP over the course of the Clinton presidency. Outlays decline from 21.4% in FY1993 to just 18.2% in FYI 2001, the last budget passed by a Republican Congress and signed by the Arkansas Democrat. For the past two years, that number has been 24.1%.” To be fair, Clinton didn’t build that budget by himself. He had help from a Republican Congress.