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Total deficit spending will increase by $11.7 trillion over the next 10 years, including an additional $1.58 trillion because of changes like the GOP tax law and the omnibus spending bill, according to a new report released by the Congressional Budget Office. Annual deficit spending will top $1 trillion by 2020.

Expand chart
Data: Congressional Budget Office; Chart: Chris Canipe/Axios

Between the lines: Republicans have spent nearly a decade campaigning on fiscal restraint. Now, with total GOP control of Congress and the presidency, revenues have been cut while spending has increased — the opposite of fiscal conservatism and a sore spot with many GOP voters.

Other takeaways from CBO:

  • The national debt will be nearly equal to the size of the Gross Domestic Product by 2028.
  • Debt will be even greater if temporary policies are extended, like individual tax cuts and current discretionary funding levels.
  • Between 2018 and 2028, both actual and potential real output is projected to grow at an average annual rate of 1.9 percent.

Go deeper

Virginia governor orders probe into pepper-spraying of Army officer

Virginia Gov. Ralph Northam at the Governor's Mansion in Richmond, Va. in 2019. Photo: Katherine Frey/The Washington Post via Getty Images

Virginia Gov. Ralph Northam (D) announced Sunday he's ordered the state police to conduct an independent investigation into a traffic stop during which two officers pepper-sprayed and drew guns on an Army lieutenant.

Driving the news: Caron Nazario, who is Black and Latino, is suing the police officers over the incident, which attracted widespread criticism after video footage emerged. Northam said in a statement he found the incident "disturbing" and that it angered him.

Biden pollster urges blunt tax talk

Illustration: Aïda Amer/Axios

The top pollster for Joe Biden's presidential campaign is advising the White House to do something that often makes Democrats nervous: Talk loudly and proudly about raising taxes on the rich.

Why it matters: John Anzalone tells Axios his extensive polling and research has found that few issues receive broader support than raising taxes on corporations and people earning more than $400,000 a year.

On the front lines of the growing border crisis

A migrant mother and her children sit in the dirt at a temporary processing center under the Anzalduas International Bridge in McAllen, Texas. Photo: Stef Kight/Axios

At night, parents with young children march through the brush after crossing the Rio Grande River in the pitch black. By day, unaccompanied kids arrive at shelters, in one instance 17 of 17 testing positive for COVID-19.

Driving the news: Axios accompanied a delegation of Republican lawmakers to South Texas last week — followed by a unilateral visit to El Paso — to see in real-time the challenges fueled by a border surge, the effects of actions taken by the previous administration, and the lagging response by the new one.