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This year's inflation has already reached the highest levels since 1981.
And it's only August.
The historic government spending happening under this administration does not bode well for America's future.
President Biden's budget spends an average of $6.9T every year, with annual deficits of nearly $1.3T+/year. This year's inflation has already reached the highest levels since 1981...it's August. Biden's historic government spending is bad for our nation's future. pic.twitter.com/oeFmWS6PJY — Congresswoman Kat Cammack (@RepKatCammack) August 10, 2021
President Biden's budget spends an average of $6.9T every year, with annual deficits of nearly $1.3T+/year.
National Review's Rich Lowry wrote on Tuesday, "A trillion dollars used to be a lot of money, even in Washington. Now, a trillion-dollar spending bill is a trifle barely worth arguing over and the stuff of bipartisan consensus."
Lowry continued, "Senate Republicans decided to help President Joe Biden pass a portion of his blow-out fiscal agenda, a $1.2 trillion infrastructure bill that is a prelude to an even bigger, vastly more consequential $3.5 trillion reconciliation bill."
He added, "The infrastructure bill itself is, as fiscal analyst Brian Riedl of the Manhattan Institute notes, 'one of the largest non-emergency spending bills of the past 50 years.”
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