George W. Bush in National Public Radio

On Budget & Economy: 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