National Public Radio: on Budget & Economy


Rashida Tlaib: GOP/corporate-backed Democratic obstructionists blocked plan

[Progressive Caucus response to President Biden's State of the Union speech]: "No one fought harder for President Biden's agenda than progressives," she said, adding that "two forces" stood in the way of passing Build Back Better, Biden's major climate and social spending package. "A Republican Party that serves only the rich and powerful, and just enough corporate-backed Democratic obstructionists to help them succeed," she listed.
Source: National Public Radio on 2022 State of the Union address Mar 2, 2022

George W. Bush: Proposes to shrink federal budget to 16% of GDP

A good way to measure the actual size of government is to compare total federal spending to the Gross Domestic Product or GDP. Under Presidents Ronald Reagan and George Bush, the ratio was about 22% -- the federal budget was 22% of the nation’s GDP. Under President Clinton, the ratio fell to 18%. President George W. Bush’s proposed budget would drop the ratio further to 16%.
Source: National Public Radio News Mar 12, 2001

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Page last updated: May 03, 2022