Manchin and Sinema appear poised to be in favor of a spending spree figure somewhere below $3.5 trillion
With all the legislative backflips happening as Congress considers massive trillion dollar spending bills, it’s high time for a fiscal reality check.
Our national debt is currently $28.4 trillion. Our federal budget deficit is $2.7 trillion. By comparison in 1988 — just 33 years ago — our national debt was “just” $2.6 trillion and the federal budget deficit was a paltry $155 billion.
The current fiscal situation is so dire, so out of hand — and the dollar figures so enormous — they’ve become almost impossible for the American people to comprehend. And, the Democrats’ latest $3.5 trillion boondoggle is no exception.
There are two Democrats in the United States Senate — in a caucus of 50 — who’ve spoken out in recent months about the monumental price tag of the aforementioned $3.5 trillion budget reconciliation bill. Sens. Joe Manchin of West Virginia and Kyrsten Sinema of Arizona have been working overtime trying to paint themselves as moderate voices of reason in a sea of socialist insanity.
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