During the 2010 midterm elections, Republicans promised that if they got control of the House of Representatives, they would "roll back government spending to pre-stimulus, pre-bailout levels, saving at least $100 billion in the first year alone."
They say they made substantial progress: They note that on March 29, 2012, the House approved a budget that "would trim federal spending by more than $5 trillion over 10 years.” They also argue that they forced through the largest non-defense spending cut in American history and "forced Democrats to agree to spending cuts that exceeded the debt limit hike included in the Budget Control Act."
However, these budgets are just outlines for federal spending years into the future -- roadmaps that are not guaranteed to be followed. We think a more appropriate measurement is to look at how federal outlays have actually moved since the GOP took control of the House.
Before we look at the numbers, we should note that determining the correct fiscal year to serve as the comparison point is a contentious issue.
While presidential terms always lag the start of a fiscal year by nearly four months, 2009 was an especially tricky case. Usually the outgoing president draws up the broad spending outlines that shape the first half-year of a new president's term. But Obama had a significant impact on the fiscal year 2009 budget, since key measures to battle the economic crisis, such as the Troubled Asset Relief Program and the American Recovery and Reinvestment Act, were undertaken either in collaboration with him as president-elect or after he was sworn in on Jan. 20, 2009.
Reasonable people have disagreed about how to categorize fiscal years on the cusp of the Bush and Obama presidencies (see a lively debate here and here). For this analysis, we"ll look at both fiscal 2008 and 2009, using three common ways of looking at outlays.
If you look at spending without adjusting for inflation, the most recently figures from the Congressional Budget Office show that spending has gone up regardless of whether you use 2008 or 2009 as your reference point. If you use 2008, then federal spending has gone up by $560 billion. If you use 2009, it has risen by $20 billion.
If you factor in inflation, spending has risen by $350 billion since 2008, but fallen by $240 billion since 2009.
And if you calculate outlays as a percentage of gross domestic product, federal spending has gone up by 2.6 percentage points since fiscal year 2008, but fallen by 2.5 percentage points since 2009.
So, if you put it all together, it's possible for the Republicans to claim at least partial credit for cutting federal spending compared to fiscal year 2009, as long as you take inflation or GDP into account. But using fiscal year 2008 -- which is arguably the better year to fit the promise's "pre-stimulus, pre-bailout" definition -- spending is higher today, any way you look at it.
Because the results diverge depending on which year you use, we'll rate this promise a Compromise.