President Joe Biden has an offer: lend him $10, and he’ll buy you a drink.

Starting with the 2020 passage of the CARES Act, Congress gave Biden and his predecessor authority to shovel trillions of dollars out the door for various types of pandemic-era stimulus payments. Unfortunately, it was far too much authority, especially by the time they got to the last installment — Biden’s completely unnecessary 2021 American Rescue Plan, which squandered $1.9 trillion after the economy and the job market were already well on their way to recovery.