Republican federal budgets are fiscally conservative, favoring small government.
In recent history, since at least 1987, when Republicans are President, debt as a percentage of Gross Domestic Product increases. During the first Bush administration the ratio of debt to GDP rose approximately 7.7%. During Clinton years, this ratio of publicly held debt to GDP fell approximately 8% because Clinton vetoed the budgets submitted to him by the Republican Congress 3 times until they gave him a balanced budget. In 2003, Republicans are giving us the largest budget deficit in history and the third largest tax break. This raises the national debt and tax-payer dollars needed to pay interest on the national debt.
See Congressional Budget Office web site
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