President Biden's last fiscal year budget ended 9/30/25 and like every last fiscal year of every President, it overlaps the new incoming administration whose first fiscal year budget begins on 10/1/25. So now we have the necessary fiscal information to compare how Biden's four fiscal years to Trump's four fiscal years during his first term in office.
Total federal spending for Trump's first term (4 fiscal years) was $21.8 trillion and deficit spending was $7.5 trillion. Federal spending was up 43% from President Obama's last four fiscal years. Total federal spending for Biden's four fiscal years was $26 trillion and deficit spending was $6.48 trillion. So federal spending was up only 19% on President Biden's watch compared to Trump's 43% and deficit spending was down $1.02 trillion from Trump's deficit spending.
So the Biden administration continues to do what democratic administrations have done for the past 96 years and that is, federal spending increases are much smaller on the democratic watch by a large margin. It is GOP administrations who are the big spenders in Washington despite their lies and mis-information. And the sad part is the media who continue to run with the GOP's lies instead of reporting the facts. Below is a list of Presidents who served from 1980 - 2024 a period of 44 years that show how federal spending grew on their watch.
President Reagan, 8 fiscal years, federal spending up 75%
George H.W. Bush 4 fiscal years, federal spending up 28%
President Clinton, 8 fiscal years federal spending up 28%
President George W. Bush, 8 fiscal years federal spending up 61%
President Obama, 8 fiscal years, federal spending up 25%
President Trump, 4 fiscal years, federal spending up 43%
President Biden, 4 fiscal years, federal spending up 19%
The years between the great depression and 1980 follow the same pattern of democratic administration controlling federal spending much better than the GOP. The GOP myth lives on only because of an enabling media who has given up on the public's right to know. Ten months into Trump's second term tells us that so far his second term will be worse than his first term. And it was all predicted in past PolitiDose commentry.
This commentary written by Joe Lorio
Note: All numbers shown above taken from the records of the CBO, The Treasury Department and the Office of Management and Budget.
