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8/9/2019 Gop Charts Graphs
1/24
8/9/2019 Gop Charts Graphs
2/24
Budget
8/9/2019 Gop Charts Graphs
3/24
Government!Spending(Percentage!of!the!Economy![GDP])
17
18
19
20
21
22
23
24
25
26
Democrat!Policy
Historical!Average
Source:!!OMB!Historical;!2010"2020!Presidents!Budget
Republican!Policy!
8/9/2019 Gop Charts Graphs
4/24
Government!Spending(Billions!of!Dollars)
0
1,000
2,000
3,000
4,000
5,000
6,000
20
02
20
03
20
04
20
05
20
06
20
07
20
08
20
09
20
10
20
11
20
12
20
13
20
14
20
15
20
16
20
17
20
18
20
19
20
20
Democrat!budgets
Source:!!CBO!Estimate!of!Presidents!Budget
8/9/2019 Gop Charts Graphs
5/24
Spending!Increase(84!Percent!Increase!Non"Defense!Discretionary,!Billions!of!Dollars![BA])
0
100
200
300
400
500
600
700
800
2008!Enacted 2010
!Enacted
2009!Stimulus
84%
Source:!!Committee!on!the!Budget!Republicans
8/9/2019 Gop Charts Graphs
6/24
Government!Deficits(Percentage!of!the!Economy![GDP])
0
2
4
6
8
10
12
Democrat!Policy
Republican!Policy!
Historical!Average
Source:!!OMB!and!CBO!Estimate!of!Presidents!Budget
8/9/2019 Gop Charts Graphs
7/24
0
200
400
600
800
1000
1200
1400
1600
20
02
20
03
20
04
20
05
20
06
20
07
20
08
20
09
20
10
20
11
20
12
20
13
20
14
20
15
20
16
20
17
20
18
20
19
20
20
Government!Deficits(Billions of!Dollars)
Source:!!OMB!and!CBO!Estimate!of!Presidents!Budget
8/9/2019 Gop Charts Graphs
8/24
Stimulus:
Democrats!Taxpayer!Funded
Job!Creation
!Experiment:
$1,200,000,000,000
Here!are!the!results:
8/9/2019 Gop Charts Graphs
9/24
3
4
5
6
7
8
9
10
11
Q1 Q3 Q1 Q3 Q1 Q3 Q1 Q3 Q1 Q3 Q1 Q3 Q1 Q3 Q1
Source:!Report!by!Christina!Romer,!Chair!of!
Presidents!Council,!The!Job!Impact!of!American!Recovery!and!Reinvestment!Plan
Jan!9,!2009;!Department!of!Labor
Percent
2007 2009 2010 2011 2012 20132008 2014
With!Stimulus
Without!Stimulus
Actual
Promised!Unemployment!Rate!
With!and!Without!Obama! Pelosi!Stimulus
8/9/2019 Gop Charts Graphs
10/24
Unemployment!Benefits:!!$125!Billion!and!Growing(Unemployment!Rate)
5
6
7
8
9
10
Jun"08 2009 2010
H.R.!2642!*
$13!Billion
H.R.!3326!*
$11!Billion
H.R.!
3548$2!Billion
H.R.!1!*
$39!Billion
H.R.!6867
!*
$6!BillionH.R.!4851!*
$13!Billion
H.R.!4691!*
$7!BillionH.R.!4213!*
$34!Billion
*!=!UI!benefit!spending!added!to!deficit
8/9/2019 Gop Charts Graphs
11/24
$1,200,000,000,000!Stimulus!Gets!You"131,000!Jobs!in!July
"800
"600
"400
"200
0
200
400
600
Mar"09 2010
PayrollJobs
"131,000!(July)
"2.6!Million!Net!Jobs!Since!Stimulus
Source:!!Bureau!of!Labor!Statistics
8/9/2019 Gop Charts Graphs
12/24
Taxes
8/9/2019 Gop Charts Graphs
13/24
Democrat!Tax!Increases
Legislation Amount
ObamaCare $570,000,000,000
SCHIP!
$65,000,000,000Stimulus $7,000,000,000
UI!Benefits,!NOL Relief&!Homebuyer!Credit $23,000,000,000
HIRE!Act $6,000,000,000
TOTAL $671,000,000,000Source:!!Ways!and!Means!Committee!Republicans
8/9/2019 Gop Charts Graphs
14/24
Major Expiring Tax!Cuts: 2010 2011Top Rates!Increase:
Child!Tax!Credit $1,000 $500
Marriage!Penalty!(Average) $0 $595
Lowest!Tax!Bracket 10% 15%
Ordinary Income 35% 39.6%
Capital!Gains 15% 20%
Qualified!Dividends 15% 39.6%
Death!Tax 0% 55%
More!Tax!Increases!Coming
8/9/2019 Gop Charts Graphs
15/24
0
5
10
15
20
25
30
35
40
U.S. France Spain U.K. China Poland Ireland
Taxes:
Corporate!Income!Tax!Rates(Marginal!Rate)
Source:!!OECD
8/9/2019 Gop Charts Graphs
16/24
Growing!Debt:
8/9/2019 Gop Charts Graphs
17/24
National!Debt(Billions!of!Dollars)
5,000
10,000
15,000
20,000
25,000
30,000
2000
2001
2002
2003
2004
2005
2006
2007
2008
2009
2010
2011
2012
2013
2014
2015
2016
2017
2018
2019
2020
Democrat!Budgets
Source:!!OMB;!2010!"2020!Presidents!Budget
8/9/2019 Gop Charts Graphs
18/24
Public!Debt:!!
Nearly!Half!Owned!by!Foreign!Entities
China
Japan
United!Kingdom
Middle!East
Brazil
Other!Foreigners
Domestic
Source:!!Treasury!Dept.
8/9/2019 Gop Charts Graphs
19/24
Long"Term
!Outlook:
8/9/2019 Gop Charts Graphs
20/24
0.0
10.0
20.0
30.0
40.0
50.0
60.0
70.0
80.0
90.0
1941
1946
1951
1956
1961
1966
1971
1976
1981
1986
1991
1996
2001
2006
2011
2016
2021
2026
2031
2036
2041
2046
2051
2056
2061
2066
2071
2076
2081
Long"Term!Spending!(Percentage!of!Economy![GDP])
Source:!!CBO!and!OMB
World!War!II
Democrats!Control
!
Congress
Current!Policy
Historical
8/9/2019 Gop Charts Graphs
21/24
0.0
10.0
20.0
30.0
40.0
50.0
60.0
70.0
80.0
90.0
2010
2013
2016
2019
2022
2025
2028
2031
2034
2037
2040
2043
2046
2049
2052
2055
2058
2061
2064
2067
2070
2073
2076
2079
2082
Net!Interest
Social!Security
Other!Spending
Medicare/Medicaid/Other!Health!Care
Revenue
Long"Term!Spending!(Percentage!of!Economy![GDP])
Source:!!CBO
8/9/2019 Gop Charts Graphs
22/24
Current!Policies!Unsustainable(Debt!Held!by!the!Public!as!Percentage!of!GDP)
0.0
100.0
200.0
300.0
400.0
1
942
1
947
1
952
1
957
1
962
1
967
1
972
1
977
1
982
1
987
1
992
1
997
2
002
2
007
2
012
2
017
2
022
2
027
2
032
2
037
2
042
2
047
2
052
2
057
World!War!II
Historical
Current!Policy
Democrats!Control!
Congress
Source:!Office!of!Management!and!budget!&!Congressional!Budget!Office
8/9/2019 Gop Charts Graphs
23/24
Cost!of!Debt:(Net!Interest!Payments!on!Debt! Billions!of!dollars)
0
5,000
10,000
15,000
20,000
25,000
30,000
35,000
2010
2013
2016
2019
2022
2025
2028
2031
2034
2037
2040
2043
2046
2049
2052
2055
2058
2061
2064
2067
2070
2073
2076
2079
2082
Interest!Payments
!Consume
!All
!
Government!Spending
Source:!!CBO
8/9/2019 Gop Charts Graphs
24/24
Entitlements:
Social!Security/Medicare!Unfunded!Liability(Trillions!of!Dollars)
0
10
20
30
40
50
60
US Economy (Today) Social Security/Medicare*