Biden Borrow and Spend Plan Builds on Trump Legacy and Makes Things Even Worse

Source: Tenth Amendment Center
by Mike Maharrey

“President Joe Biden released his 2022 budget this week. The $6 trillion spending plan offers a glimpse into Biden’s long-term fiscal strategy — borrow and spend to infinity and beyond. This is eerily similar to the Donald Trump fiscal strategy. In fact, this has been the strategy of pretty much every modern presidential administration. Biden is merely building on Trump’s legacy, along with those who came before. Still, the Biden budget would take us to new borrow and spend hights, raising spending to the highest sustained levels since World War II. And here you thought the pandemic emergency was winding down and spending would go back to normal. Well apparently, this is the new normal.” (06/03/21)