New table. Detailed explanation here.
Question: Does it matter that "Rudy Julie Annie" (to borrow Kate O'Beirne's hilarious neo-logism) cut taxes as many times as he says he did?
If there is a revenue problem, and there is, why is that experience at all relevant to future challenges (I mean National Challenges, not the challenge of the GOP to rescue itself from having its brand controlled by the Dems, who seem to be edging closer to sealing the deal on that, with any luck).
| Big Debt Spender | Cumulative Debt-Spend Per President | Per Household | Tax Burden in $2006 per Household | Tax Burden as % of current$ Median Household Income |
|---|---|---|---|---|
| BUSH-43 | 3,786,625,141,392 | 31,636 | 26,941 | 60% |
| FY2008 | 3,372,625,141,392 | 28,545 | 25,646 | 56% |
| FY2007 | 2,977,995,326,832 | 25,534 | 24,203 | 51% |
| FY2006 | 2,506,810,560,098 | 21,775 | 21,775 | 45% |
| FY2005 | 1,986,928,549,967 | 17,485 | 18,555 | 38% |
| FY2004 | 1,467,034,420,814 | 13,078 | 14,767 | 29% |
| FY2003 | 894,779,930,786 | 8,081 | 9,728 | 19% |
| FY2002 | 372,870,071,780 | 3,412 | 4,300 | 8% |
| CLINTON-42 | 894,710,176,095 | 8,362 | 10,894 | 20% |
| FY2000 | 797,703,490,221 | 7,619 | 10,240 | 18% |
| FY1999 | 876,704,594,502 | 8,440 | 12,015 | 21% |
| FY1998 | 849,764,472,164 | 8,288 | 12,502 | 21% |
| FY1997 | 806,167,546,850 | 7,980 | 12,680 | 22% |
| FY1996 | 669,300,000,000 | 6,718 | 11,340 | 19% |
| FY1995 | 473,200,000,000 | 4,780 | 8,526 | 14% |
| FY1994 | 241,500,000,000 | 2,468 | 4,605 | 8% |
| BUSH-41 | 1,266,900,000,000 | 13,102 | 25,968 | 42% |
| FY1992 | 971,400,000,000 | 10,165 | 21,163 | 33% |
| FY1991 | 610,000,000,000 | 6,458 | 14,213 | 21% |
| FY1990 | 279,100,000,000 | 2,990 | 6,798 | 10% |
| REAGAN | 1,473,400,000,000 | 16,016 | 38,532 | 55% |
| FY1988 | 1,295,500,000,000 | 14,289 | 36,940 | 52% |
| FY1987 | 1,114,100,000,000 | 12,468 | 34,711 | 48% |
| FY1986 | 948,200,000,000 | 10,767 | 31,835 | 43% |
| FY1985 | 705,500,000,000 | 8,129 | 25,415 | 34% |
| FY1984 | 504,900,000,000 | 5,902 | 19,798 | 26% |
| FY1983 | 335,000,000,000 | 3,972 | 14,820 | 19% |
| FY1982 | 130,200,000,000 | 1,566 | 6,349 | 8% |
| CARTER | 229,000,000,000 | 2,795 | 11,787 | 15% |
| FY1980 | 152,600,000,000 | 1,889 | 8,936 | 11% |
| FY1979 | 83,000,000,000 | 1,054 | 5,426 | 6% |
| FY1980 | 54,100,000,000 | 705 | 4,052 | 5% |
sources: Treasury, Bureau of the Public Debt; BEA; Census Bureau; CBO historical tables and CBO projections for the federal debt beyond FY2007.
