This reckless spending spree puts America on the path toward a devastating debt crisis and high inflation.

• At $3.5 trillion, this bill would increase spending by $27,000 for every household in the country. Pumping so much cash into the economy in such a short period of time could cause a dramatic surge of price inflation.

Resources:

• Be Careful When Writing Blank Checks (October 4, 2021)
• Many Consumer Prices Are Higher: Time to Eliminate Government-Imposed Economic Roadblocks (August 20, 2021)
• Infrastructure and Reconciliation Bills Undermine Competition With China (August 13, 2021)