https://www.19fortyfive.com/2021/03/joe-biden-could-set-america-on-a-fiscal-path-of-doom/
President Trump approved $900 billion in stimulus spending in December and President Biden approved another $1.9 trillion in March. Biden is set to propose a further $3 trillion on infrastructure, and Majority Leader Chuck Schumer is exploring ways to bend Senate rules to keep the spending flowing.
This gusher of spending is greatly damaging. This is not monopoly money, but rather it represents real resources that will be confiscated from people when the bills come due. E
Even without an infrastructure package, the federal government will spend $6.8 trillion this year, or double the $3.4 trillion the government will collect in tax revenues. That means …
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