Why did government spending soar in 1989?

A) The Bush administration bought defaulted properties from Savings and Loans.
B) The Bush administration ramped up the defense budget in preparation for the Iraq War.
C) Democrats overrode Bush's veto and expanded Social Security benefits.
D) Another oil crisis forced the United States to subsidize American oil consumption.

Government Spending

The total amount of public funds that a government expends on its services, employees, and programs within a given fiscal period.

Defense Budget

The defense budget is the portion of a national budget that is allocated to military spendings, including salaries, training, operations, and equipment.

Oil Crisis

A period marked by major interruptions in oil supply and subsequent increases in oil prices, often due to geopolitical tensions or conflicts.