Adjusted for inflation that would be $820 Billion/year today.
Actual spending today is $6,180 Billion/year, a ~7.5x multiplier above inflation.
Your income is being stolen through taxes and spent at an alarming rate.
Not saying 3.72 is great, of course, but it's more accurate in terms of actual impact on people.
But I don't think the expenditure increase supports the argument that people's income is being stolen. Whether or not you consider taxation as theft is an ideological stance.
Presidents after Reagan started to pillage the lower and middle class for more tax revenue. Notably George H.W. [1]
[1] https://en.wikipedia.org/wiki/Omnibus_Budget_Reconciliation_...
The wealthy certainly did get great gains out of it, but it was at the expense of the non-wealthy because the tax cut they received was tiny and didn't offset the increased expenses.
This is just not true
https://www.salon.com/2011/02/08/lind_reaganism_carter/
Nixon was our last New Deal President.
https://isi.org/modern-age/richard-nixon-new-deal-nationalis...
Silly as it may seem, you probably want a more Nixonian world.
https://www.wolterskluwer.com/en/expert-insights/whole-ball-...