As the White House and Democrats in Congress press ahead on a one-party spending plan that could reach $3.5 trillion, it’s worth taking a look at how much the U.S. already spends – and owes. Below you'll find the latest in our Smart Chart series, in which we break down how much Congress has spent on COVID relief, how much they are considering spending on other programs this fall, and what it might mean for our fiscal picture. On tomorrow night's call, No Labels Chief Strategist Ryan Clancy will discuss what impact new spending could have on the economy, as well as its prospects for passage. |
|