The Biden administration has increased federal government spending by a record $3.4 trillion since January 2021. That includes such signature bills as the American Rescue Plan Act of $1.8 trillion, the Inflation Reduction Act of $50.6 billion, and the Infrastructure Investment and Jobs Act of $764.9 billion.
As well as providing official costings for those bills, the Congressional Budget Office has found that a number of executive orders contribute nearly another $1 trillion of spending including college student debt cancellation, the end result being an additional $4.8 trillion to the net deficit.
To make a bad situation worse, there has since been the Consolidated Appropriations Act omnibus of $1.7 trillion which includes, until September 2023, $772.5 billion in
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