The Biden Administration has enacted policies that will add more than $4.8 trillion to budget deficits between 2021 and 2031

See 22 Top Fiscal Charts of 2022 from The Committee for a Responsible Federal Budget. Excerpt:

"Since January 2021, the Biden Administration has enacted policies through legislation and executive actions that will add more than $4.8 trillion to budget deficits between 2021 and 2031. The $4.8 trillion is the net result of roughly $4.6 trillion of new spending, about $500 billion of tax cuts and tax breaks, and $700 billion of additional interest costs that are partially offset by $400 billion of spending cuts and $600 billion of revenue increases."