What was deficit spending under Biden

Checked on December 2, 2025
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Executive summary

Estimates of deficit spending “under Biden” vary widely depending on definition: the Committee for a Responsible Federal Budget (CRFB) counts roughly $4.7 trillion of new ten‑year debt approved during Biden’s term through January 2025 (CRFB estimate) while Congressional Republicans and other trackers cite larger or smaller tallies tied to different time windows and scoring methods — for example CBO data were cited by House Republicans saying the deficit was $838 billion in the first four months of FY2025 (Oct–Jan) [1] [2]. Partisan statements also cite figures as high as $8.4 trillion of debt added during four years, a different metric rooted in gross debt changes rather than legislative ten‑year scoring [3] [4].

1. What people mean by “deficit spending under Biden”

“Deficit spending” can mean enacted legislation’s projected impact on ten‑year deficits, the annual deficit in a fiscal year, or the change in total federal debt while a president is in office; these produce very different numbers. The CRFB framed a $4.7 trillion figure as new ten‑year debt added by legislation and executive actions through January 2025 [1]. House Republican materials and Senate statements instead often cite cumulative increases in debt outstanding — for example an opening statement said Biden “added $8.4 trillion” over four years — which mixes pandemic-era emergency borrowing, baseline changes and interest costs [3] [4].

2. A nonpartisan baseline: what CBO and Treasury data show

Nonpartisan budget offices report deficits and baseline projections that analysts then interpret. The CBO’s monthly reports (cited by the House Budget Committee) showed an $838 billion deficit in the first four months of FY2025 (Oct–Jan), a snapshot of cash flows, not a ten‑year legislative score [2]. Treasury monthly data likewise showed a $1.307 trillion deficit for the first six months of FY2025 (Oct–Mar), underscoring that deficits are driven by current outlays and revenues across administrations [5].

3. Why the CRFB’s $4.7 trillion number differs from other tallies

CRFB’s $4.7 trillion counts the long‑run, ten‑year scored effect of laws and executive actions the president signed or directed through January 2025; it incorporates baseline effects and assumes growth of programs scored over a decade [1]. Critics point out that different scorekeepers (CBO, OMB, CRFB, House GOP) use varying baselines and sometimes include or exclude interest, future baseline growth, or side agreements from debt limit deals — producing reported ranges from roughly $4.8 trillion up to higher cumulative changes cited by others [4] [1].

4. Partisan claims and counterclaims: competing narratives

Republican committee materials have accused the Biden White House of large additions to debt, citing multi‑trillion figures and monthly CBO snapshots to argue rising deficits [2] [3]. Democrats and the White House emphasize that the deficit has fallen from pandemic peaks and point to the Administration’s FY2025 budget, which projects deficit reduction measures and claims over $1 trillion in deficit improvement versus earlier years [6] [7]. Both sides selectively emphasize different data: Republicans highlight recent cash‑flow deficits; Democrats emphasize multi‑year projections and enacted savings proposals [2] [6] [7].

5. Budget proposals vs. enacted law: the FY2025 budget context

The Biden Administration’s FY2025 budget projects net deficit reduction — claiming roughly $3.2–$3.3 trillion of deficit reduction over the next decade relative to current law — while proposing revenue increases and spending priorities [7] [8]. Independent analysts like CRFB evaluate those proposals against other baselines and conclude debt would still rise as a share of GDP under many scenarios, showing the tension between policy proposals and actual enacted outcomes [8] [9].

6. What the numbers leave out and why interpretations diverge

Available sources show disagreement about scope (ten‑year scores versus year‑to‑year cash deficits versus cumulative debt), treatment of interest, and whether to credit savings from negotiated deals or assume full baseline growth; these methodological choices drive large differences in headline numbers [1] [4] [8]. Sources do not provide a single uncontested “Biden deficit” total — instead they offer multiple, defensible measures that lead to competing narratives [1] [4].

7. Bottom line for readers

There is no single definitive figure for “deficit spending under Biden” in the sources provided; reasonable measures include CRFB’s $4.7 trillion of new ten‑year debt from enacted laws through Jan. 2025 [1], CBO/Treasury snapshots showing large recent cash‑flow deficits (e.g., $838 billion in Oct–Jan, $1.307 trillion Oct–Mar) [2] [5], and partisan claims citing larger cumulative debt increases [3] [4]. Readers should ask which metric — ten‑year legislative score, annual cash deficit, or change in total debt outstanding — is being cited before accepting headline claims [1] [2] [3].

Want to dive deeper?
How did federal budget deficits change each fiscal year under Biden (2021-2025)?
What were the main drivers of increased deficit spending during the Biden administration?
How does Biden-era deficit spending compare to deficits under previous presidents (Trump, Obama)?
What portion of Biden’s deficit increases were due to COVID-19 relief and pandemic-era policies?
How did deficit-to-GDP ratios evolve during Biden’s presidency and what do economists say about their risks?