Wednesday, November 30, 2022

Biden's Spending Spree Is Unprecedented

Biden’s Spending Binge

  • President Biden has dramatically accelerated federal spending during his time in office, spending more in his first two years than President Trump did during his last two years at the height of the pandemic.
  • Biden has overseen significant pandemic-related relief, but he also has ramped up spending on priorities well beyond COVID-19
  • In addition, Biden has taken numerous, expensive executive actions that make his impact on the federal budget even greater than official numbers indicate

Biden continues to carry on one of Trump's worst legacies as inflation remains high

  • The bipartisan infrastructure bill will spend nearly $200 billion more than the ARRA and has been championed as a compromise-and the bill is not even the most expensive one passed during Biden's first two years.
  • It seems that the Biden administration is determined to prove that deficits don't matter, and when it comes to media and public accountability, this may be the case.

https://reason.com/2022/11/29/bidens-spending-spree-is-unprecedented/

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