Government Spending Trends

Updated: Oct 15, 2020

Did you know that every two years, the IRS publishes the Income and Outlays of Government Spending? It's tucked in the back of the annual 1040 filing instructions. (It's something you won't find by filing your taxes online with TurboTax.)

I decided to look back in time and see some trends in Government spending and (admittedly), I only went as far back as 2006.

In 2006, this was with George W. Bush as President. It was after 9/11, but it was also a time where President Bush was moving his "Home Ownership" agenda forward, which (directly or indirectly) created the housing bubble.