[This piece has been published in Restoring America to highlight how out-of-control government spending has contributed to, and in some cases even created, the economic hardships Americans are facing today.]
Americans may have difficulty keeping up with the reckless pace of spending coming out of Washington these days. Last week, it was college debt cancellation worth up to $20,000 per person (across over 40 million people). Nonpartisan experts estimate it will cost $500 billion or more — or at least four times the price of last year’s expanded child tax credit. The week before, it was over $350 billion for Green New Deal spending, including $7,500 subsidies for Americans who buy electric vehicles.
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