Republicans, Just Say No to Democrats’ $4 Trillion Spending Spree
District of Columbia | July 19, 2021
The already-unsustainable national debt has spiked massively during the pandemic. Inflation is up, with some business leaders now openly fretting that it won’t be reversed any time soon. Democrats have already passed nearly $2 trillion in totally partisan ‘COVID relief,’ including provisions that have hampered our economic recovery. They’ve now announced a staggering $3.5 trillion package to fund the Biden agenda, vowing to pass it on a party-line vote under a process known as reconciliation For reference, this is roughly the size of the entire 2010 federal budget — so the plan approximately equals what the government spent on everything that year, from entitlement programs, to defense, to discretionary spending. All of it. This proposal represents new spending, on top of hugely elevated federal outlays….
(Excerpts from the Townhall)