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Deficit:

Source: US Budget Deficit or Surplus 1960-present at scribd.com
Spending:
US Government Spending As Percent Of GDP in United States 1903-2010 at usgovernmentspending.com
U.S. Balance of power President - Congress, spending
Debt as a percent of GDP:

Source: Budget of the United States Government: Historical Tables at www.gpoaccess.gov
When G.W. Bush was adding a trillion dollar deficit over 5 years for the Iraq war (It will ultimately cost much more.), while cutting taxes, Dick Chaney said "Ronald Regal proved that deficits don't matter".
The same people who supported the Bush spending are now complaining that the Obama Administration's healthcare initiative which will spend a trillion dollars over 10 years to save hundreds of thousands of lives, is bad.
See also: US Federal Debt - Charts Tables History at usgovernmentdebt.us
Links:
Tax rates in other countries
Federal Spending at USGovernmentSpending.com
Budget of the United States Government: Historical Tables at OMB at whitehouse.gov
U.S. Balance of power President - Congress
Which Political Party Increased Government Spending At a Faster Rate? at DaveEmanuel.com
The Truth About Who's Responsible For Our Massive Budget Deficit - Business Insider
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last updated 31 Aug 2011
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