April 9, 2014 4:11PM # Jeb Bush’s Fiscal Record By [Chris Edwards](https://www.cato.org/people/chris-edwards) --- SHARE Former Florida Governor Jeb Bush [is considering](http://www.washingtonpost.com/blogs/post-politics/wp/2014/04/08/jeb-bush-to-meet-with-southern-baptist-leader/) running for president. One good thing about presidential contenders who have been governors is that they have a measurable track record. Part of that record is captured by Cato’s biennial “Fiscal Policy Report Card on America’s Governors.” This report issues grades of “A” to “F” to governors based on their taxing and spending policies. Here at Cato we believe in small government, so we award grades of “A” to the governors who cut taxes and spending the most. Steve Moore and other Cato authors graded Bush four times during his eight years in office. [In 2000](https://object.cato.org/sites/cato.org/files/pubs/pdf/pa391.pdf) Bush received a “B.” [In 2002](https://object.cato.org/sites/cato.org/files/pubs/pdf/pa454.pdf) he scored an “A.” [In 2004](https://object.cato.org/sites/cato.org/files/pubs/pdf/pa537.pdf) he was down to a “B” again. [In 2006](https://object.cato.org/sites/cato.org/files/pubs/pdf/pa581.pdf) he fell to a “C.” The basic story from the Cato reports is that Jeb Bush was a prolific tax cutter, but he let spending rise quickly toward the end of his tenure. Like George W. Bush, Jeb was good on taxes, but apparently not so good on spending. Jeb Bush was in office from 1999 to 2007. Florida general fund spending increased from $18.0 billion to $28.2 billion during those eight years, or 57 percent. Total state spending increased from $45.6 billion to $66.1 billion, or 45 percent. (This is NASBO data from [here](http://www.nasbo.org/publications-data/fiscal-survey-of-the-states/archives) and [here](http://www.nasbo.org/publications-data/state-expenditure-report/archives)). Over those eight years, Florida’s population grew 16 percent and the CPI, which measures inflation, grew 24 percent. The chart [on page 5 of this state budget document](http://edr.state.fl.us/Content/presentations/Budget/BudgetPictureSummer2011.pdf) shows that total spending was restrained in Bush’s first term, but then rose quite rapidly in his second term. Similarly, the table [on page 14 here](http://flitsyourmoney.com/content/current/reports/Budget-Presentation-FY-15.pdf) shows the second-term budget expansion under Bush. This Fall, look for Cato’s 2014 Report Card, which will include grades for Christie, Pence, Jindal, Perry, Walker, and other possible presidential candidates. ##### Related Tags [Tax and Budget Policy](https://www.cato.org/tax-budget-policy) [![Creative Commons License](/build/cato_2020/images/creative-commons.svg)](http://creativecommons.org/licenses/by-nc-sa/4.0/) This work is licensed under a [Creative Commons Attribution-NonCommercial-ShareAlike 4.0 International License](https://creativecommons.org/licenses/by-nc-sa/4.0/).