Subject: Re: Biden Budget
“During the Reagan administration, fiscal year federal receipts grew from $599 billion to $991 billion (an increase of 65%) while fiscal year federal outlays grew from $678 billion to $1144 billion (an increase of 69%”

Small government?


Government spending as fraction of GDP in 2023 was identical to Reagan's first term: https://fred.stlouisfed.org/se... . Lowest fraction in the intervening years was during the term of that noted Republican, Bill Clinton.