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The Economy - Better during a Republican President or a Democratic President?
“The U.S. economy has performed better when the President of the United States is a Democrat rather than a Republican, almost regardless of how one measures performance. For many measures, including real GDP growth (on which we concentrate), the performance gap is both large and statistically significant.”
A study from the National Bureau of Economic Research found that Democratic presidents since World War II have performed much better than Republicans. On average, Democratic presidents grew the economy 4.4% each year versus 2.5% for Republicans.
Fact 1 - Fact 2 - Fact 3 - Fact 4 - Fact 5 - Fact 6

- Fact check: How Trump's economy compares to Obama's

- Trump’s Economic Growth Is Slower Than Obama’s Last 3 Years

- No, the Economy did not get stronger under Trump

- Data show Trump didn't 'build' a great economy. He inherited it.

- FACT CHECK: Who Gets Credit For The Booming U.S. Economy?

- Trump boasts the US economy is the best it's ever been under his watch - 9 Charts

- How Trumps 3 years of Job Gains compares to Obama's

 

On March 11, 2019, President Donald Trump released his budget request for fiscal year 2020. Under his proposal, the federal budget would be a record $4.746 trillion. The U.S. government estimates it will receive $3.645 trillion in revenue. That creates a $1.101 trillion deficit for October 1, 2019, through September 30, 2020. 

Government spending is in three categories: Mandatory, which is at $2.841 trillion; Discretionary at $1.426 trillion; and interest on the national debt, $479 billion. This article provides a detailed breakdown of each. You can also find links to past budgets at the end.

 

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