Table A1: Simulation of Spending as a Percent of GDP (Assuming constant nominal spending and nominal GDP growth of 2.5 percent)

Year

Nominal Total Government Spending

Nominal Federal Spending

Nominal GDP

Percent of GDP

Total Spending

Federal Spending

1997

385

164

855

45.0

19.2

1998

385

164

876

43.9

18.7

1999

385

164

898

42.9

18.3

2000

385

164

921

41.8

17.8

2001

385

164

944

40.8

17.4

2002

385

164

967

39.8

17.0

2003

385

164

992

38.8

16.5

2004

385

164

1,016

37.9

16.1

2005

385

164

1,042

37.0

15.7

2006

385

164

1,068

36.1

15.4

2007

385

164

1,094

35.2

15.0

2008

385

164

1,122

34.3

14.6

2009

385

164

1,150

33.5

14.3

2010

385

164

1,179

32.7

13.9

Source: Calculations by authors.