Biden plans biggest spending binge since Lyndon Johnson
by W. James Antle III, Politics Editor |
| March 16, 2021 06:30 AM President Biden and congressional Democrats are preparing to embark on one of the largest spending sprees since Lyndon Johnson was in the White House.
The $1.9 trillion spending package Biden signed into law last week that he said was needed to deal with the COVID-19 pandemic, passed on a party-line vote by the narrowly Democratic-controlled Congress, was just the beginning. A massive infrastructure bill is in the works that is expected to cost at least $2 trillion.
Former President Donald Trump and Republicans in Congress were no shrinking violets when it came to federal spending, either. Trump signed into law an even bigger coronavirus package, the $2.2 trillion CARES Act last year, and another $900 billion in economic assistance before leaving office. Budget deficits in excess of $1 trillion a year were set to return under Trump even before the pandemic hit, a fact that could undercut GOP efforts to restrain Biden’s spending.
more
https://www.washingtonexaminer.com/news/politics/joe-biden-big-spending-lyndon-johnson
