2)     ANNUAL GROWTH IN FEDERAL SPENDING

YEARLY INCREASES IN FEDERAL OUTLAYS IN DOLLAR AMOUNTS AND PERCENTAGE GROWTH

 

·        Democratic Presidents’ annual spending increased by an average of $38.2 billion per year

·        Republican Presidents’ annual spending increased by an average of $122.6 billion per year

·        Democratic Presidents’ annual spending has grown by an average of 5.8% per year

·        Republican Presidents’ annual spending has grown by an average of 7.9% per year

Dollar Amounts in Billions

Year

+/-$

%Growth

Administration

Year

+/-$

%Growth

Administration

1946

 

 

 

1989

79.3

7.4

\

1947

-20.7

-37.5

\

1990

109.3

9.6

 |  Bush (R)

1948

-4.7

-13.6

 |

1991

71.2

5.7

 |  

1949

9.0

30.2

 | Truman (D)

1992

57.3

4.3

/

1950

3.8

9.8

 |

Average

79.3

6.8

 

1951

2.9

6.8

 |

1993

27.9

2.0

\

1952

22.2

48.8

/

1994

52.4

3.7

 |

Average e

2.1

7.4

 

1995

53.9

3.7

 |

1953

8.4

12.4

\

1996

44.7

2.9

 |  Clinton (D)

1954

-5.2

-6.8

 |

1997

40.7

2.6

 |   

1955

-2.5

-3.5

 |

1998

51.4

3.2

 |

1956

2.2

3.2

 | Eisenhower (R)

1999

49.3

3.0

 |

1957

6.0

8.5

 |

2000

87.2

5.1

/

1958

5.8

7.6

 |

Average

50.9

3.3

 

1959

9.7

11.8

 |

2001

73.9

4.1
\

1960

0.1

0.1

/

2002

148.0

7.9

 |

Average

3.1

4.2

 

2003

149.0

7.4

 |

1961

5.5

6.0

\

2004

132.9

6.2

 |  Bush II (R)

1962

9.1

9.3

 |  Kennedy (D)

2005

179.1

7.8

 |

1963

4.5

4.2

/

2006

183.0

7.4

 |

Average

6.4

6.5

 

2007

73.6

2.8

 |

1964

7.2

6.5

\

2008

253.9

9.3

/

1965

-0.3

-0.3

 |

Average

149.2

6.6

 

1966

16.3

13.8

 |  Johnson (D)

2009

535.1

17.9

\

1967

23.0

17.1

 |   

2010

-60.6

-1.7

 | 

1968

20.6

13.1

/

2011

146.0

4.2

 |

Average

13.4

10.0

 

2012

-76.5

-2.1

 |  Obama (D)

1969

5.5

3.1

\

2013

-71.7

-2.0

 |

1970

12.1

6.6

 |

2014

51.4

1.5

 |

1971

14.5

7.4

 |  Nixon (R)

2015

185.6

5.3

 |

1972

20.5

9.8

 |  

2016

160.8

4.4

/

1973

15.0

6.5

 |

Average

108.8

3.4

 

1974

23.7

9.6

/

2017

129.0

3.3

\

Average

15.2

7.2

 

2018

127.4

3.2

 |  Trump (R)

1975

62.9

23.3

Ford (R)

2019

337.9

8.2

 |

1976

39.5

11.9

/  

2020

2106.6

47.4

/

Average

51.2

17.6

 

Average

675.2

15.5

 

1977

37.4

10.1

\

2021

268.8

4.1

\

1978

49.5

12.1

 | Carter (D)

2022

-549.1

-8.0

 |  Biden (D)

1979

45.3

9.9

 |  

2023*

98.5

1.5

 |

1980

86.9

17.2

/

 

 

 

/

Average

54.8

12.3

 

Average*

-60.6

-0.8

 

1981

87.3

14.8

\

 

 

 

 

1982

67.5

10.0

 |

 

 

 

 

1983

62.7

8.4

 |

 

 

 

 

1984

43.5

5.4

 |  Reagan (R)

 

 

 

 

1985

94.5

11.1

 |  

 

 

 

 

1986

44.0

4.6

 |

 

 

 

 

1987

13.7

1.4

 |

 

 

 

 

1988

60.4

6.0

/

 

 

 

 

Average

59.2

7.7

 

 

 

 

 

Democrats

38.2

      5.8%

 

Republicans

122.6

7.9%

 

*2023 data estimated as of August 2023

 

·        Source: The Office of Management and Budget: https://www.whitehouse.gov/omb/historical-tables/.  Table 1.1—Summary of Receipts, Outlays, and Surpluses or Deficits (-): 1789–2025; Table 1.2—Summary of Receipts, Outlays, and Surpluses or Deficits (-) as Percentages of GDP: 1930–2025

AO 08/23