Clinton had reined in the debt and deficit spending and in fact turned over to Bush an economy with a $127 billion surplus. By 2005, Bush & Knollenberg had turned that into over $319 billion in deficits.
Chart 1 shows how federal spending has increased dramatically under Bush & Knollenberg. Federal spending has grown from 18.5% of the GDP in 2000 to 20.3% in 2006.
Chart 2 below shows how Bush & Knollenberg have grown the federal budget. This chart shows what will happen if Knollenberg is re-elected in 2008. We can no longer afford Joe Knollenberg!
Since Bush came into office, Knollenberg has readily rubber stamped every single spending bill.Knollenberg's fiscal irresponsibility has led to enormous debt - - over $8,887,588,819,701. That is nearly $30,000 for every one of us. Bush & Knollenberg are bankrupting this country.
We Can't Afford 2 More Years of Joe Knollenberg!
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