“…If you will look there at the latest reported year, 2010, you will see that the “Adjusted” “Federal Spending” declined 2.4% in that latest year, but that the “Federal Debt” soared by 12.5% in that year, which rise was unprecedented except for Ronald Reagan’s 15% in 1983, 12.3% in 1985, and 13.9% in 1986. By contrast, for example, the Federal Debt declined in Bill Clinton’s last year, 2000, when federal spending actually went up by 2.5%. (The largest annual increase in spending, incidentally, was Ronald Reagan’s 1985 figure, 7.4%.)”
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