|
FY’04 Proposal
|
Post-WWII Average (FY’46 - FY’02)
|
Clinton Budgets (FY’94 – FY’01)
|
G.H.W. Bush Budgets (FY’90 - FY’93)
|
Reagan Budgets (FY’82 - FY’89)
|
|
| Total Receipts as percent of GDP |
17.0%
|
17.9%
|
19.4%
|
17.7%
|
18.0%
|
| Total outlays as percent of GDP |
19.7%
|
19.5%
|
19.6%
|
22.0%
|
22.3%
|
| Deficit (-)/Surplus as percent of GDP |
-2.7%
|
-1.6%
|
-0.1%
|
-4.3%
|
-4.3%
|
| Annual growth in total receipts (average % change from previous fiscal year, FY96 $) |
2.7%
|
2.9%
|
4.9%
|
0.5%
|
2.5%
|
| Annual growth in total outlays (average % change from previous fiscal year, FY96 $) |
2.2%
|
2.3%
|
1.5%
|
1.9%
|
2.7%
|
| Defense spending as a percent of total outlays |
17.5%
|
35.5%
|
17.1%
|
21.7%
|
26.7%
|
| Non-defense discretionary spending as a percent of total outlays |
19.2%
|
19.4%*
|
17.6%
|
16.6%
|
17.1%
|
| Net interest costs as percent of total outlays |
7.9%
|
10.5%*
|
13.9%
|
14.5%
|
13.2%
|
| Other mandatory spending as a percent of total outlays |
55.4%
|
41.6%*
|
51.4%
|
46.2%
|
42.9%
|
| Debt held by public at end of fiscal year as percent of GDP |
36.9%
|
44.0%
|
43.0%
|
46.3%
|
36.7%
|
| Gross Debt at end of fiscal year as percentof GDP |
64.8%
|
56.2%
|
63.4%
|
61.8%
|
45.4%
|
| * includes only data back to 1962 since the distinction between discretionary and mandatory began only in that year. | |||||
Kerry was for an $800 billion drug plan and Kerry is for amnesty, something the Presidents proposal does not have.
Why did you leave Kerry out of your vanity.
Who's working for whom?
And if it had been Clinton who said "no new taxes" he would have spun his way out of it by saying, "My statement is factual. There are no new taxes. I only increased already existing taxes." And you would have every member of the DNC, liberal press, and every RAT in congress supporting his position.