Tuesday, May 17th, 2022

Deeper in debt – Indy News

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Posted: March 15, 2022 12:01 AM

The opinions expressed by the columnists are their own and do not necessarily represent the opinions of Townhall.com.

In his State of the Union address, President Biden claimed he would be the one to “reduce the deficit by more than 1 trillion in just one year.” While this is technically true, he ignores the fact that the deficit reduction will be due to the reduction in costs associated with COVID-19 relief. Meanwhile, debts will continue to rise as members on both sides refuse to control spending. The House passed a বিল 1.5 trillion bill last week that is more than 2,000 pages long. Experience teaches that most members did not read all, not even most. Why should they? They are not spending their money. Speaker Nancy Pelosi Orwellian was employed by NewsSpeak when she mentioned government spending at a recent press conference: No, it’s not. Government spending is doing just the opposite, reducing national debt. It is not inflation. “Yes, and war is peace. Remember the small-to-large bill-spending add-ons that Republicans once banned and promised voters they would never return? They’re back, some Republicans are pushing them …

The post appeared deeper and deeper in debt at the first Populist Press © 2022.

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