US government so far this year spent more than same period of 2024 as GOP mulls spending cuts

Federal spending is higher in the first 7 months of this fiscal year compared to the same time period of 2024 as Republicans in Congress debate the level of spending reductions and tax cuts to include in their budget reconciliation bill. 

After President Trump's election win in 2024, GOP congressional leaders had considered passing two separate bills using reconciliation but eventually decided on passing one mega-bill. Reconciliation is a tool that has been used by both parties to bypass the Senate filibuster. The budget bill now appears likely to pass by early July as congressional leaders continue to negotiate the details of the bill.