As a percent, how much has annual Federal spending increased since 2007?
Bonus question... In term of dollars, how much has Federal spend increased over same period....
Jaker, trust me, I know the answer, and so should you
- Anonymous8 years agoFavorite Answer
I say 276 but you could do a web search for something like federal spending by year and figure it out for yourself and maybe get the right answer. Or is the problem that you don't know how to do % increases?
- Texas MikeLv 68 years ago
President Obama: The Biggest Government Spender In World History
After just one year of the Obama spending binge, federal spending had already rocketed to 25.2% of GDP, the highest in American history except for World War II. That compares to 20.8% in 2008, and an average of 19.6% during Bush’s two terms. The average during President Clinton’s two terms was 19.8%, and during the 60-plus years from World War II until 2008 — 19.7%. Obama’s own fiscal 2013 budget released in February projects the average during the entire 4 years of the Obama Administration to come in at 24.4% in just a few months. That budget shows federal spending increasing from $2.983 trillion in 2008 to an all time record $3.796 trillion in 2012, an increase of 27.3%."
"President Obama’s own 2013 budget shows that as a result federal debt held by the public will double during Obama’s four years as President. That means in just one term President Obama will have increased the national debt as much as all prior Presidents, from George Washington to George Bush, combined."
- Dave87gnLv 78 years ago
discretionary spending has gone down..but stupid things like defense have gone UP every year since 9/11