Our guest blogger is Michael Linden, Director of Tax and Budget Policy at the Center for American Progress Action Fund.
Over the past two weeks, a couple of charts — one from yours truly and one from Rex Nutting at MarketWatch — have really riled up conservatives and confused a fair number of DC establishment media types. For the past three years, it has been an article of faith among those folks that President Obama went on some kind of spending binge. And a casual glance at yearly spending figures does appear to support that charge. But what my chart and Rex’s chart show is that, once you account for the fact that most of the increase in spending from fiscal year 2008 to 2009 happened before President Obama even took office, then the “binge” utterly vanishes.
And this is the key point. The only way to show that spending has gone up dramatically under President Obama is to pretend like he had complete control over what was spent in fiscal year 2009. And that notion is utterly false.
First of all, recall that President Obama took office nearly four months into fiscal year 2009. That simple fact, all by itself, is enough to discount any “analysis” that merely compares fiscal year 2008 spending to fiscal year 2009, and tries to attribute the entire difference to President Obama.
But it actually goes beyond that. By the time President Obama took office, nearly all the dramatic increase in spending had already been baked into the cake. How do we know that? Well, in January 2009, before President Obama had even taken office, the Congressional Budget Office projected that federal spending would exceed $3.5 trillion for fiscal year 2009, half a trillion more than the government spent in 2008. Again, that was BEFORE President Obama event took office. It’s reasonable to use that number as our best guess at what spending would have been in FY2009 under ANY president. That’s what my chart from last week did.
Of course, the CBO’s projections aren’t perfect. They change as the economy changes and as laws change. Fortunately, CBO also tells us in subsequent reports how and why its previous estimates have changed. We can use that to understand how much of the total federal spending in fiscal year 2009 was attributable to legislative changes that occurred AFTER President Obama took office.
The answer is that out of a total of $3.5 trillion actually spent in FY09, only $165 billion, less than 5 percent, was the result of policy changes signed into law by President Obama.
Republican efforts to cut the debt and put people back to work would help the United States economy avoid “European-style austerity,” House Budget Committee Chairman Paul Ryan (R-WI) said on NBC’s Meet The Press yesterday.
Presumptive Republican presidential nominee Mitt Romney’s budget would add
Mitt Romney yesterday traveled to Iowa, where he decried the “
Federal spending is lower now than it was when President Obama took office. I’ll pause to let you absorb the news.
House Republicans have touted their budget as a prescription for economic growth that will return the United States economy to prosperity. In reality, as ThinkProgress has documented, the GOP budget slashes social spending on programs that protect the most vulnerable while giving more than 

Committees in the House are busily marking up legislation to avoid the scheduled cuts that lawmakers approved as part of the 2011 Budget Control Act. Those automatic reductions to domestic and defense spending — agreed to by both parties during the effort to raise the nation’s borrowing limit — will go into effect on January 2, 2013 unless Congress can agree on a proposal to lower the national deficit by at least $1.2 trillion over 10 years.
States would have lost 