Even as Americans grow increasingly pessimistic and agitated about their personal finances, Congress is about to ask struggling families to cover the cost of more funding for Ukraine.
The $95 billion foreign aid package adopted Saturday by the House and facing near-certain passage in the Senate includes an additional $61 billion for Ukraine. Once added to the money already appropriated for Ukraine since 2022, the United States will have spent approximately $173 billion.
That translates to more than $1,300 per American household, according to Heritage Foundation economist Richard Stern, director of the Grover M. Hermann Center for the Federal Budget.
“This will continue to drive higher inflation and interest rates and increase the cost of living for Americans,” Stern told The Daily Signal. “No matter where you live, every American family will pay the…
