The national debt is growing, but Congress’ recent spending bill is a telltale sign that it has no intention of shrinking the deficit.
After receiving bipartisan support in the Senate, the House passed a 1.7 trillion spending bill on Dec 16, avoiding a government shutdown.
The bill allocates funding mostly to defense, including $45 billion to Ukraine, which will assist the country in its war effort against Russia.
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To understand President Trump’s signing of the latest so-called COVID-19 “stimulus” bill after days of veto threats, we need to understand the critical constitutional history of the Watergate era.
Citing the Impoundment Control Act of 1974, Trump declared, “I will sign the Omnibus and COVID package with a strong message that makes clear to Congress that wasteful items need to be removed. I will send back to Congress a redlined version, item by item, accompanied by the formal rescission request to Congress insisting that those funds be removed from the bill.”
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