Gop Charts Graphs

8/9/2019 Gop Charts Graphs

1/24


2/24

Budget


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!


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


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


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


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


8/24

Stimulus:

Democrats!Taxpayer!Funded

Job!Creation

!Experiment:

$1,200,000,000,000

Here!are!the!results:


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


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


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


12/24

Taxes


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


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


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


16/24

Growing!Debt:


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


18/24

Public!Debt:!!

Nearly!Half!Owned!by!Foreign!Entities

China

Japan

United!Kingdom

Middle!East

Brazil

Other!Foreigners

Domestic

Source:!!Treasury!Dept.


19/24

Long"Term

!Outlook:


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


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


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


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


24/24

Entitlements:

Social!Security/Medicare!Unfunded!Liability(Trillions!of!Dollars)

0

10

20

30

40

50

60

US Economy (Today) Social Security/Medicare*

Gop Charts Graphs

Documents

Transcript of Gop Charts Graphs