Scource: http://en.wikipedia.org/wiki/Nationa...idential_terms
Fiscal Year President Party of President Federal Spending Federal Debt Gross Domestic Product Inflation Adjustor[9] Billions[10] Adjusted[11] Increase Billions[12] Adjusted[13] Increase Billions[14] Adjusted[15] Increase
1978-2005 Democratic 9.9% 4.2% 12.6%
1978-2005 Republican 12.1% 36.4% 10.7%
1978–1981 Carter Democratic $678 $1,219 17.2% $994 $1,787 -0.4% $3,055 $5,492 9.4%
1982–1985 Reagan Republican $946 $1,396 14.5% $1,817 $2,680 49.0% $4,142 $6,108 11.2%
1986–1989 Reagan Republican $1,144 $1,499 7.4% $2,867 $3,757 40.2% $5,401 $7,077 15.9%
1990–1993 Bush Republican $1,410 $1,615 7.8% $4,351 $4,987 32.7% $6,576 $7,536 6.5%
1994–1997 Clinton Democratic $1,601 $1,684 4.3% $5,369 $5,647 13.2% $8,182 $8,606 14.2%
1998–2001 Clinton Democratic $1,863 $1,821 8.1% $5,769 $5,638 -0.2% $10,058 $9,829 14.2%
2002–2005 Bush Republican $2,472 $2,165 18.9% $7,905 $6,923 22.8% $12,238 $10,717 9.0%
2006-2009* Bush Republican $3,107 $2,452 13.3% $10,413 $8,218 18.7% $15,027 $11,859 0.7%
Notice that the 2 deficit REDUCTION periods were under Democrats.
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