Daily signal

Here’s Why Trends in Federal Spending Raise Fears for Economy

Both chambers of Congress are locked in fierce battles over spending legislation.

A “supplemental” package has found bipartisan support in the Senate after the removal of flawed border and immigration provisions. However, its $95 billion price tag—$60 billion of which would go to Ukraine—means there will be stiff resistance in the House.

Meanwhile, Congress is also working on regular spending bills (known as appropriations) that fund national defense and federal agencies. The most recent deal funds part of the federal government through March 1 and the rest through March 8.

It remains to be seen whether these bills will be honest—or loaded with gimmicks, such as phony “emergency” spending in an attempt to trick the public about what’s going on.

The spending bills aren’t happening in isolation. Decades of budget gimmicks, spending sprees and…

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