Reply #15: Every President, Democrat and Republican from Truman to Carter

[mikekohr]

and regardless of which party controlled Congress, steadily paid down the staggering debt from WWII. That pattern of fiscal responsibility came to a screaching halt with Rapmaster Ronnie and Tinkle Down Economics.
see: http://bureaucountydems.blogspot.com/p/national-debt.html

From: http://zfacts.com/p/57.html

Contrary to Republican claims, "The Democratic Congress" did not bust Reagan's budgets. In fact, for the first six years, Congress was not Democratic, it was half and half, and the Republican Senate had just as much say, even though the budget bill starts in the House. On top of that, Reagan got the Southern Democrats to vote with him and so he controlled the House too.
But none of this matters because over Reagan's 8 years, Congress approved smaller budgets than he requested on average, and the deviation from what he requested averaged less than half a percent. He raised the debt by $1,860 billion and Congress reduced his budgets by $16 billion. Otherwise he would have raised the debt by $1,876 billion.


see graph:
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