US Government Spending Increased by $220 Billion in Trump's First 100 Days

Increased Government Spending Analysis

• 📈 The U.S. federal government spent approximately $220 billion more in President Trump's first 100 days compared to the same period in 2024, despite promises to cut spending.
• 🔍 CBS News analyzed Treasury Department daily financial reports to track these spending increases.

Key Drivers of Spending Growth

• Medicare, Social Security, and military/veterans benefits are identified as the main sources of consistent spending increases over the past decade or more.
• 💰 These areas are growing due to an aging population and represent intractable problems that administrations have struggled to manage.

National Debt and Interest Payments

• ⚠️ A significant driver of increased spending is the payment to pay down Treasury securities, which has risen by $30 billion in the first few months alone compared to a year ago.
• 📊 This amount has doubled in just three years, attributed to the growth of the national debt and recent interest rate challenges affecting government debt.

Analysis of Claimed Spending Cuts

• 📉 The Department of Government Efficiency claims to have cut $160 billion in funding.
• 🧐 However, CBS News Confirmed found that less than 40% of these claimed savings are itemized and verifiable.
• 🎯 Furthermore, these claimed cuts are not occurring in the major spending areas (Medicare, Social Security, military) and represent only about 2% of annual government spending.