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**Clarissa** · 08-08-2011, 09:34 PM

For FY2012-2016, the President's budget has total spending at an average of 22.7% GDP with revenues of 18.3%GDP (I believe the budget assumes the Bush Tax Cut will expire in 2012). This would be nearly equal to FY1982-1986, where spending was 22.8% of GDP and revenue was 17.8%GDP.

http://www.whitehouse.gov/sites/defa...ets/tables.pdf
http://www.gpoaccess.gov/usbudget/fy...s/hist01z2.xls

08-08-2011, 09:34 PM	#10
Clarissa Join Date Oct 2005 Posts 441 Senior Member	For FY2012-2016, the President's budget has total spending at an average of 22.7% GDP with revenues of 18.3%GDP (I believe the budget assumes the Bush Tax Cut will expire in 2012). This would be nearly equal to FY1982-1986, where spending was 22.8% of GDP and revenue was 17.8%GDP. http://www.whitehouse.gov/sites/defa...ets/tables.pdf http://www.gpoaccess.gov/usbudget/fy...s/hist01z2.xls
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