Budget and Spending | The Heritage Foundation

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</nav> </div> <header id="header" class="header" role="banner" aria-label="Site header"> </header> <div id="main-wrapper" class="layout-main-wrapper layout-container clearfix"> <div id="main" class="layout-main clearfix"> <main id="content" class="column main-content" role="main"> <section class="section content-wrapper"> <a id="main-content" tabindex="-1" aria-label="main content"></a> <div> <div data-drupal-messages-fallback class="hidden"></div> <div id="block-heritage-theme-page-title"> <h1> <div>Budget and Spending</div> </h1> </div> <div id="block-mainpagecontent"> <article about="/budget-and-spending" class="term issue-landing term--view-mode-full clearfix"> <section class="discussion-hero"> <p class="discussion-hero__eyebrow">Issue</p> <h2 class="discussion-hero__title">Budget and Spending</h2> <div class="discussion-hero__issue-learn-more"> <div class="discussion-hero__issue-learn-more-description"> <div><p>Federal spending has grown rapidly over the last decade, leading to substantial budget deficits that have crippled the economy and financially harmed Americans. </p> <p> </p> <p><a href="https://calculators.heritage.org/budget-and-spending/personal-inflation-calculator">Personal Inflation Calculator</a></p> <p> </p> <p><em>Learn more about policies that rein in spending and strengthen the economy with <a href="https://www.heritage.org/solutions/"><strong>Solutions</strong></a>.</em></p> </div> </div> </div> <div class="article__social-container issues__social-container"> <a href="https://twitter.com/intent/tweet?text=Budget%20and%20Spending%20via%20@Heritage &url=https%3A%2F%2Fwww.heritage.org%2Fbudget-and-spending" class="heritage-icon-social_twitter article__social-icon" title="Share this article on Twitter" aria-label="Share this article on Twitter"></a> <a href="https://www.facebook.com/sharer/sharer.php?u=https%3A%2F%2Fwww.heritage.org%2Fbudget-and-spending" class="heritage-icon-social_facebook article__social-icon" title="Share this article on 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Spending Spree Created Economic Turmoil</h2> <p class="featured-content__date-time date-time"><span>Sep 21, 2023</span> Over an hour read </p> <div class="featured-content__read-article"> <p class="featured-content__read"><span>Read the report</span></p> <i class="heritage-icon-arrow_long featured-content__arrow" aria-hidden="true"></i> </div> </div> </section> </a> </div> <div class="featured-item__secondary-featured-wrapper"> <a class="featured-content__link" title="Funding Leftism: The Biden鈥檚 Administration鈥檚 Bureaucratic Radicalism" href="https://www.heritage.org/budget-and-spending/report/funding-leftism-making-power-grabs-the-biden-administrations"> <section class="featured-content--large featured-content"> <div class="featured-content__wrapper"> <p class="featured-content__eyebrow eyebrow hello">BACKGROUNDER</p> <h2 class="featured-content__title">Funding Leftism: The Biden鈥檚 Administration鈥檚 Bureaucratic Radicalism</h2> <p class="featured-content__date-time date-time"><span>Apr 18, 2024</span> 30 min read </p> <h3 class="featured-content__contributor-label">Author</h3> <p class="featured-content__contributor">David Ditch</p> <div class="featured-content__read-article"> <p class="featured-content__read"><span>Read the report</span></p> <i class="heritage-icon-arrow_long featured-content__arrow" aria-hidden="true"></i> </div> </div> </section> </a> </div> </div> <div class="results-wrapper"> <div class="results-wrapper__gutter"> <div class="filters"> <div class="facet-inactive block-facets-ajax js-facet-block-id-keywords block-facet--dropdown" id="block-keywords"> <h2>Refine by Keyword</h2> <div class="facets-widget-dropdown"> <ul data-drupal-facet-id="keywords" data-drupal-facet-alias="keywords" class="facet-inactive js-facets-dropdown-links item-list__dropdown"><li class="facet-item"><a href="/budget-and-spending?f%5B0%5D=keywords%3A144" rel="nofollow" data-drupal-facet-item-id="keywords-144" data-drupal-facet-item-value="144" 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on Budget and Spending <i class="heritage-icon-expand" aria-hidden="true"></i></a> </li> </ul> </div></div> </div> </div> <section class="person-list-small person-list-small__circles" id="featured_speakers"> <h2 class="person-list-small__heading">Experts on Budget and Spending</h2> <a href="/about-heritage/staff/experts" class="person-list-small__see-all" title="See all experts"><span>See all experts</span><i class="heritage-icon-chapter_arrow" aria-hidden="true"></i></a> <div class="person-list-small__panelist-wrapper"> <div class="person-list-small__panelist js-hover-container"> <a class="js-hover-target" href="/staff/rachel-greszler"> <div class="person-list-small__image-wrapper"> <div> <img loading="lazy" src="/sites/default/files/styles/issue_experts_190x190/public/profile-photos/Greszler_Rachel.png?h=a20851aa&itok=uIYtMAQU" width="190" height="190" alt="Rachel Greszler" typeof="foaf:Image" /> </div> </div> </a> <div class="person-list-small__name"> <a class="js-hover-target" href="/staff/rachel-greszler"> <div> <div>Rachel Greszler</div> </div> </a> </div> <div class="person-list-small__title"> <div>Senior Research Fellow, Roe Institute</div> </div> </div> <div class="person-list-small__panelist js-hover-container"> <a class="js-hover-target" href="/staff/parker-sheppard"> <div class="person-list-small__image-wrapper"> <div> <img loading="lazy" src="/sites/default/files/styles/issue_experts_190x190/public/profile-photos/sheppardp.png?h=a1eb1060&itok=1upolvB7" width="190" height="190" alt="sheppard" typeof="foaf:Image" /> </div> </div> </a> <div class="person-list-small__name"> <a class="js-hover-target" href="/staff/parker-sheppard"> <div> <div>Parker Sheppard, PhD, PhD</div> </div> </a> </div> <div class="person-list-small__title"> <div>Director, Center for Data Analysis</div> </div> <a href="https://twitter.com/parkersheppard" target="_blank" class="person-list-small__twitter-handle" title="twitter handle">@parkersheppard</a> </div> <div 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