Biden’s 2025 Budget Spends Too Much Money On All The Wrong Things
March 28, 2024 No Comments
Even compared to the Covid spending binge of recent years, Biden’s budget is insanely large — increasing federal spending by 82.5 percent.
Even compared to the Covid spending binge of recent years, Biden’s budget is insanely large — increasing federal spending by 82.5 percent.
Biden met with House Speaker Kevin McCarthy (R., Calif.) Monday evening to try to break the impasse. McCarthy has said a deal must be reached this week to have time for the legislation to pass Congress.
Led by President Joe Biden, Democrats have deployed at least seven false, misleading, or nonsensical claims over the past few weeks to pressure McCarthy into caving in. However, most of those arguments fall apart quickly.
“As the overall level of debt keeps increasing, as well as the interest rates, it’s starting to eat up a larger amount of the overall budget. It’s as if we pay off one credit card by borrowing with another credit card, and that never ends well,”
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