Source: Ludwig von Mises Institute
by Artis Shepherd
“The Trump administration is spending more than the Biden administration, compared to the same period last year. This is no small feat, as the proxies that stood in for the senile and incontinent former president spent at an extravagant pace in their final year, even by federal government standards. … And yet, many believe the Trump administration remains sincere about their overtures toward substantial spending cuts, also known as ‘draining the swamp.’ Stubbornly ignoring reality, some even believe they have delivered on such promises. By their lights, the administration has already made — and continues to make — substantial spending cuts while shrinking the size and scope of government.” (06/17/25)