While Recession Looms, New Defense Spending Bill Adds Billions for Unwanted Projects
With recession fears looming large over the landscape of the 2022 midterms and inflation impacting families across the country, the Senate Appropriations Committee just pumped four billion taxpayer dollars into the Navy’s budget that the Navy never asked for — and much of the excess was never approved by the House Armed Services or Appropriations committee.
As news of the excessive spending breaks, 70% of the American people consider inflation to be “a very big problem” facing the country according to Pew Research, 51% considered the growing deficit to be “a very big problem” as well.
In the summary of the Senate Appropriations bill, Chairman Patrick Leahy wrote: “This bill modernizes our armed forces to address the evolving threats of the 21st Century, ensuring the Defense Department is able to compete with China and other adversaries across the globe. It includes additional funds to help address the consequences of inflation, which has impacted government programs at every level — both defense and non-defense.”
Republicans such as Sen. Rand Paul of Kentucky have been pointing out the logical flaw in increasing government spending to fight inflation for decades.
“In recent months, prices on nearly everything from gas, food, and clothes to electricity, car prices, and rent, have all increased, and unfortunately it’s only going to get worse,” Paul told Fox Business in January. “Congress needs to realize that further spending at this time of rapidly rising prices is only going to continue the trend of rising prices on this nation’s already vulnerable businesses and families.”- READ MORE

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