In either inflation adjusted dollars OR as a % of GDP, we're spending LESS in 2013 than we did in 2009!!!!
In 2009 federal spending was $3,173.4 (adjusted to 2005 dollars) and 25.2% of GDP.
In 2013 it is projected to be $3,157.4 and 23.3%.
In 2009, the deficit was $1.4 trillion/10.1% of GDP.
In 2013 it’s projected to be $845 billion/5.3%. That's a decreases of 39.6% and 47.5%, respectively. Not quite 50%, but pretty darn close!
In the last three years, the federal govt has taken in total revenues equal to 15.1% of GDP (2010), 15.4% of GDP (2011) and 15.8% of GDP (2012). Those are the three lowest levels of federal revenues since 1950 (and 2.6 points below the post WWII average of 18.1%).
Since 1950, the six years with the lowest federal revenues (as a % of GDP) have ALL happened in the last ten years, and we took in LESS in federal revenues in 2010, 2011 AND 2012 than we did in 1999, 2000, OR 2001.
And yet Republicans continue to scream about us ONLY having a "spending problem" ...
From 2001-06 (w/Bush President and Republicans controlling BOTH Houses of Congress), spending increased 23.8% (4%/year). From 2007-13, with all the TARP and stimulus spending, etc, spending has increased 23.1% (3.9% per year)!