America’s Bankruptcy May Now Be Inevitable – Here’s Why…

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The Senate Just Approved a Spending Plan 5x the Size of FDR’s New Deal

The breadth and scope of the spending resolution is genuinely breathtaking.

From trillions in COVID-19 spending to a $1+ trillion “infrastructure” bill, the federal government has spent so much taxpayer money over the last year-and-a-half that it beggars belief. You’d think the folks in Washington, DC would have run out of ways to waste our money by now. (How can anyone be this creative?)

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But Senate Democrats aren’t backing down from the challenge. They just approved a stunning plan that, if fully passed, will confiscate and redistribute an astounding $3.5 trillion of our money in one of the greatest expansions of government control of the economy in American history.

“Senate Democrats took their first step toward passing a $3.5 trillion spending plan early Wednesday as the party forges ahead with a massive economic agenda,” CNBC reports. “After more than 14 hours of votes on amendments, the Democratic-held chamber voted to pass a budget resolution 50-49 along party lines. The measure directs committees to craft a bill that would spend up to $3.5 trillion on climate initiatives, paid leave, child care, education and health care.”

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Republicans uniformly opposed the measure.

“The Democratic budget will bring a generational transformation to how our economy works for average Americans,” Senate Majority Leader Chuck Schumer, a New York Democrat, said after the resolution’s passage.

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