News Story

Federal Spending To Top $4 Trillion in 2017, Highest Ever

Up $210 billion from last year

Mainstream media reports are filled with stories from federal bureaucrats complaining about Trump administration proposals to cut next year's budget.

Yet federal spending this year is projected to break $4 trillion for the first time, according to White House budget documents. The federal government will spend $4.06 trillion in the fiscal year that ends on Oct. 1, 2017, an increase of $210 billion from the previous year. The spending total is also $602.5 billion more than the $3.46 trillion the feds expect to take in this year.

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