The Real story of spending

Under President Obama

Federal spending growth has actually been slower under President Obama than under any other president since Dwight Eisenhower.

President Obama has a plan to reduce the deficit by over $4 trillion, cutting federal spending while still making critical investments in education, innovation, infrastructure, and clean energy. It's a balanced and responsible approach to creating an economy built to last.

Spending chart

Sources:

Congressional Budget Office (CBO), nonpartisan analysis for the U.S. Congress

Office of Management and Budget (OMB)

MarketWatch, The Wall Street Journal


1. Spending by president begins with the fiscal year that started during the calendar year they took office

2. 2009 Recovery Act was attributed to Obama

Fact checkers report

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