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Despite Trump's promised cuts, U.S. spent about $220 billion more in first 100 days than last year

Despite Trump's promised cuts, U.S. spent about $220 billion more in first 100 days than last year

CBSN
Tuesday, April 29, 2025 02:04:52 PM UTC

Despite promises to cut spending during the campaign and his first few months in office, President Trump's federal government has spent about $220 billion more in his first 100 days compared to the same time period last year.

In fact, the government is now spending more, day to day, than was spent in nine of the last 10 years. The exception: 2021, when the government was spending trillions to fight the coronavirus pandemic and prevent an economic disaster.

CBS News analyzed the Treasury Department's daily financial reports to track the money flowing out of every government account each day since Mr. Trump returned to office. Here's a breakdown of what we found.

Read full story on CBSN
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