Story perspectives
Government Spending Soars 9,800% Since 1916, Fuels Affordability Crisis
12/10/2025
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Story summary
- Open The Books, a conservative watchdog group, reports per capita government spending rose 9,800% since 1916, reaching $20,474.19 in 2025.
- The report links growth to an affordability crisis, noting government spending exceeds average household expenses on essentials like groceries and mortgages.
- Open The Books notes discretionary savings from initiatives such as Elon Musk's Department of Government Efficiency totaled $150 billion, while mandatory Medicare and Social Security spending remains higher.
