The nation faces an unprecedented array of challenges and will inevitably encounter additional crises in the future. Yet some in Congress have a strange belief there is an infinite supply of money to deal with any current or future crisis, and that spending trillions upon trillions will have no negative consequence for the future. I disagree.
We’ve already spent more than $5 trillion responding to the coronavirus pandemic. Now Democrats propose to spend $3.5 trillion more, ignoring rising inflation, the burden of crippling national debt ($28.7 trillion and growing), the inevitability of future crises and fiscal consequences that will create a disastrous future for the next generation of Americans.