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Krugman posted some worthwhile charts on this, but there’s basically two key elements to keep in mind.

The first is that spending rose as a percentage of GDP, not because of a spending binge, but because GDP went down so sharply during the Great Recession.

But what about the rest? There are safety-net . . . → Read More: There has NOT been a government spending binge – Topix

National Priorities Project offers four detailed analyses of President Obama’s $3.7 trillion budget for Fiscal Year 2012 focused on: expenditures, revenue and deficits, the impact of federal spending on the states and a detailed FY2012 budget overview with a selection of actual and projected revenue and spending charts.

Findings include:

* Deficits are . . . → Read More: President Obama’s 2012 Budget: In-Depth Analysis

A new University of Maryland study finds that when average Americans are presented the federal budget in some detail, most are able to reduce the budget deficit dramatically and resolve the Social Security shortfall. Through a combination of spending cuts and tax increases, on average, respondents cut the discretionary budget deficit projected for . . . → Read More: Americans Know How to Solve Deficit, University of Maryland Study Finds

Interesting chart today in the Atlanta Journal Constitution via Felx Salmon at Reuters.

Then there is the reality, as depicted in the chart above, posted initially by Felix Salmon, a Reuters blogger. As it illustrates, the federal government today takes less of our GDP than it has for most of the . . . → Read More: Is Government Spending Really Out of Control