In a 69-30 vote, the U.S. Senate passed a massive $1.2 trillion infrastructure bill yesterday. While there’s a substantial amount for roads and bridges, most of the bill is for far more than traditional infrastructure.
Better yet, this bill is not fully funded, but will add significantly to our nation’s burgeoning debt ($256 billion to deficits over the next ten years). Gimmicks, tricks, and creative accounting can’t hide the fact that Washington will spend massively now and stick our grandkids with the bill.
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