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$1.18 Trillion Increase in Federal Spending Under Trump Budget

Image: $1.18 Trillion Increase in Federal Spending Under Trump Budget
U.S. President Donald Trump speaks to members of the media prior to his departure from the South Lawn of the White House February 23, 2018 in Washington, D.C. (Alex Wong/Getty Images)

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Monday, 26 February 2018 01:56 PM Current | Bio | Archive

The federal budget proposed by President Trump increases annual federal spending by $1.18 trillion between 2017 and 2023.

In 2017, the most recently completed fiscal year, the federal government spent $3.98 trillion. The Trump budget envisions increases every year in the projection, peaking at $5.16 trillion in 2023.

Even after adjusting for inflation, annual federal spending is projected to grow by $511 billion.

Each weekday, Scott Rasmussen’s Number of the Day explores interesting and newsworthy topics at the intersection of culture, politics, and technology. Columns published on Ballotpedia reflect the views of the author.​

Scott Rasmussen is founder and president of the Rasmussen Media Group. He is the author of "Mad as Hell: How the Tea Party Movement Is Fundamentally Remaking Our Two-Party System," "In Search of Self-Governance," and "The People’s Money: How Voters Will Balance the Budget and Eliminate the Federal Debt." Read more reports from Scott Rasmussen — Click Here Now.

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The federal budget proposed by President Trump increases annual federal spending by $1.18 trillion between 2017 and 2023.
federal spending, trump, budget
152
2018-56-26
Monday, 26 February 2018 01:56 PM
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