The deficit that showed the biggest increase after the events of 2001 through 2004 (the first and second Bush tax cuts, the recession of 2001 and the war of terrorism)was the

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The on-budget side refers to the part of the federal budget that includes revenue and spending for programs such as Social Security, Medicare, and education. This deficit showed the biggest increase after the events of 2001 through 2004 due to a combination of factors, including the first and second Bush tax cuts, the recession of 2001, and the war on terrorism. As a result, government spending increased while revenue decreased, leading to a significant on-budget deficit. The off-budget side, must-budget side, and far side are not relevant terms in this context.

The Deficit That Showed the Biggest Increase After the Events