Fun fact: the current Republican administration was pushing a budget that substantially increased the federal deficit. The one that was finally approved is still a massive budget deficit increase.
Obama reduced the deficit by nearly half during his presidency, the current FY2025 budget has authorized a $1.9 trillion deficit (6.2% of GDP), with reconciliation instructions potentially allowing for a staggering $3.3-5.8 trillion in additional deficit increases over the next decade.
* Obama's final deficit (2017): $666 billion
* Current 2025 projected deficit: $1.9 trillion
This represents an increase of approximately $1.23 trillion, or about 185% higher than Obama's final deficit. The current deficit is nearly triple what it was at the end of the Obama administration.
Republicans have mastered the art of fiscal hypocrisy: campaigning against deficits to win elections, then ballooning them with tax cuts for the wealthy, only to leave Democrats with the thankless job of fiscal cleanup—for which voters reliably punish them at the polls.
