Breitbart Business Digest: Bidenomics Is Creating a Debt-Inflation Spiral
The Biden administration’s deficit spending has become a big part of the inflation problem.
deficit spending
Debate: Republican Ron Johnson Slams Democrats’ Out-of-Control Spending
Wisconsin Republican Sen. Ron Johnson, during Thursday night’s debate with Democrat Mandela Barnes, slammed the Democrats’ “out of control deficit spending” for causing inflation.
Senate Republicans Block Government Funding, Debt Ceiling Bill
Senate Republicans blocked a government spending and debt ceiling bill Monday, setting up a dramatic showdown between Republicans and Democrats on whether Congress should raise the debt ceiling while Democrats plan to spend trillions on infrastructure and social spending.
Swedish 2021 Budget Spends More on Foreign Aid Than Police Force
The new Swedish 2021 budget has been revealed, with the government looking to spend more on foreign aid than on the country’s police force despite violent gang crime remaining a problem.
Hilary Clinton Picks Radical, Gender-Obsessed Economist for Transition Team
Democratic presidential nominee Hillary Clinton has named Heather Boushey, the radical economist who claims “Fixing feminism means thinking about the economy,” to be chief economist of her presidential transition team.
Rand Paul: How An ‘Unholy Alliance’ Of Bipartisan Big Spenders Created the Debt Crisis
Senator Rand Paul is talking about America’s debt crisis, telling Breitbart News Daily that if he’s elected President, he will do everything in his power to prevent the debt ceiling from being raised again.
Former GAO Chief: True National Debt $65T, Gov’t Spending Has ‘Lost Touch with Reality’
In a radio interview airing on Sunday, former U.S. Comptroller General and chief of the Government Accountability Office Dave Walker asserted that America’s national debt is over three times the official figure, which dramatically understates the government’s financial commitments.
Speaker-in-Waiting Paul Ryan Abandons Opposition to Big-Spending Budget Deal
Paul Ryan’s previous criticism of the deal to his Republican colleagues was quite pointed, including a declaration that the process “stinks.” But now he expresses optimism that the deal will include “meaningful reforms to strengthen our safety net programs, including significant changes to bolster Social Security,” and fund the military, as well as providing an opportunity to “return to regular order in our budget process.” His evaluation has been upgraded from stinky to “some good, some bad, and some ugly.”
