On the recordSeptember 29, 2021
The Republican Party is, in fact, the party of debt and deficit. Ronald Reagan, a Republican, grew the deficit to $152 billion. Bush 1, a Republican, grew that deficit to $290 billion. President Clinton, a Democrat, wiped out the entirety of the deficit and gave $128 billion surplus to Bush 2, a Republican, who turned that $128 billion surplus into a $1.4 trillion deficit. Obama, a Democrat, cut the Bush deficit of $1.4 trillion to $600 billion, from which Trump, a Republican, grew that deficit to $1 trillion. Over the past 60 years, Democrats have created 21 million more jobs than Republicans. Annual economic growth is almost double. The Democratic Party continues the clean up the mess that the Republicans have made. And the Republicans are running away from the mess that they are responsible for.
Source
govinfo.gov




