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  • Bush Beats LBJ on Spending [a report from Cato Institute]

    10/09/2005 7:59:30 AM PDT · by alessandrofiaschi · 145 replies · 5,754+ views
    In the latest Cato Tax and Budget Bulletin, Stephen Slivinski uses revised data released during the summer by the Congressional Budget Office (CBO) to make side-by-side comparisons of the spending habits of each president during the last 40 years. While the data show that all presidents presided over net increases in spending, George W. Bush is shown to be one of the biggest spenders of them all, even outpacing Lyndon B. Johnson in terms of discretionary spending. An excerpt from the report: "The increase in discretionary spending - that is, all nonentitlement programs - in Bush's first term was 48.5...