Measured as a portion of the U.S. economy, was the 2013 federal fiscal year deficit higher or lower than the average deficit of the fiscal years that occurred solely under the presidency of George W. Bush (without any overlap with Clinton or Obama)?
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The 2013 federal fiscal year deficit was 4.091% of GDP, which is 71% higher than the average deficit of the Bush fiscal years (2.387% of GDP). However, federal deficits cannot be attributed only to presidents, because factors beyond their control are also at play.
DocumentationDeficits and SurplusesBlame for the National Debt
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