Suppose that an estimate of U.S. federal spending showed that 4... | Filo
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FEDERAL SPENDING SURGES: Despite chaos caused by Trump, Musk, and DOGE, federal spending is on pace to come in 7.4% higher this year than last. The federal government has spent $1.893 trillion in 2025 as of March 26, compared to $1.763 trillion at the same date last year. MarketWatch notes that by comparison, federal spending at the end of the first quarter in 2024 was on track to be 1.6% lower than the prior year, though overall spending ended up 3.0% higher for full-year 2024 compared to 2023.
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Congressional Budget Office estimates federal spending is up $144 billion in first half of 2025
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