The federal budget deal worked out in the Senate on Wednesday is wildly irresponsible. The House ought to reject it, overwhelmingly – and if it doesn’t, then President Trump should veto it the minute it hits his desk.
The agreement would bust existing budget caps not just for desperately needed military spending, but for a massive explosion in domestic discretionary spending that is neither necessary nor affordable. The new social spending is advertised as some $130 billion for the next two years – but, by raising the “baseline” for future budgets, this really means a likely $700+ billion hike in spending and new debt over a 10-year span.
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