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Unconstitutional debt and future generations

May 3, 2021

Earlier this week, President Joseph R. Biden Jr. asked Congress to raise taxes and increase borrowing so his administration can spend $2.3 trillion — on top of the $1.9 trillion Congress authorized two months ago for so-called COVID relief — for thousands of projects he calls “infrastructure.” All this is in addition to the $2 trillion that the government borrows annually these days just to make ends meet. These are serious numbers of dollars, the repayment of which will have seriously unpleasant consequences for future generations of Americans.

Article Source: Frederick News Post

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