this post was submitted on 11 Feb 2024
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submitted 9 months ago* (last edited 9 months ago) by mozz@mander.xyz to c/politicalmemes@lemmy.world
 
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[–] paddirn@lemmy.world 4 points 9 months ago (3 children)

I would love to see what the actual contribution is for each party that controlled Congress/Presidency. While I'm sure there is spending that gets bipartisan support, I think the majority of the deficit in the last 20+ years has come from either wars initiated by Republicans and/or tax cuts (also initiated by Republicans).

[–] hglman@lemmy.ml 1 points 9 months ago

All the spikes are from economic bailouts, well supported by both parties. That's clearly indicated in 2008 as both bush and Obama supported the bailouts.

However tax policy certainly differs.