Treasury Confirms Spending Up $142 Billion in 2025

According to the latest Monthly Treasury Statement from the Treasury Department, federal government spending, as measured by outlays, is $142 billion higher in the first half of calendar year 2025 than the first half of calendar year 2024.  

The following is a statement from Maya MacGuineas, president of the Committee for a Responsible Federal Budget: 

The Treasury Department just confirmed that spending continues to rise. The federal government has already spent $3.6 trillion from January to June of 2025 – up $142 billion from this same period last year.  

Despite the focus on cost-cutting in Washington, we’re still seeing an annual rise in spending – largely due to the automatic growth of programs like Social Security and Medicare.

Lawmakers should commit to fixing the root causes of our unsustainable trajectory, rather than racking up debt we can’t sustain. It is time for both sides of the aisle to come together and have a candid discussion about fixing our nation’s finances.  

It is obvious something must change, but it’s up to policymakers to act on it. 

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For more information, please contact Matt Klucher, Assistant Director for Media Relations, at klucher@crfb.org.