Warning: Some posts on this platform may contain adult material intended for mature audiences only. Viewer discretion is advised. By clicking ‘Continue’, you confirm that you are 18 years or older and consent to viewing explicit content.
I would love to see what the actual contribution is for each party that controlled Congress/Presidency. While I’m sure there is spending that gets bipartisan support, I think the majority of the deficit in the last 20+ years has come from either wars initiated by Republicans and/or tax cuts (also initiated by Republicans).
All the spikes are from economic bailouts, well supported by both parties. That’s clearly indicated in 2008 as both bush and Obama supported the bailouts.
I would love to see what the actual contribution is for each party that controlled Congress/Presidency. While I’m sure there is spending that gets bipartisan support, I think the majority of the deficit in the last 20+ years has come from either wars initiated by Republicans and/or tax cuts (also initiated by Republicans).
It’s not that detailed, but you get the picture.
https://www.politifact.com/factchecks/2019/jul/29/tweets/republican-presidents-democrats-contribute-deficit/
All the spikes are from economic bailouts, well supported by both parties. That’s clearly indicated in 2008 as both bush and Obama supported the bailouts.
However tax policy certainly differs.