This is exactly right. Congress has deemed a trillion dollar annual deficit as the new normal. If the deficit were to dop to $500B, they would go on a $500B spending spree.
I hate to break the news, but it’s actually 2+ trillion a year is the new normal.
If the deficit were to dop to $500B, they would go on a $500B spending spree.
It was Trump who demanded additional spending and a continuing resolution of Biden’s last budget. Now he demands another $500B so we can keep waging wars overseas.