Ledger · 2024 campaign · № 193
Cut the federal budget every single year
Broken“[paraphrase] We will cut the federal budget every year of my presidency.”
- Promised
- , Agenda 47 policy platform / campaign video
- Stated deadline
- “every year”
- Re-promised
- 4 times with a fresh deadline
- Topic
- Economy & prices
- Era
- 2024 campaign
What happened
Federal spending and deficits both rose. The deficit grew from $1.8 trillion at inauguration to about $1.9 trillion by mid-2026, and the Treasury reported surging monthly deficits through fiscal 2026. Total federal outlays increased, driven by the 2025 tax law, higher interest costs and military operations in Iran and Venezuela. PolitiFact moved this between 'Compromise' and 'In the Works' but never to Kept.