President Biden and the Senate, plan to get around budget caps using an “emergency” loophole.

———————–
To get our new weekly video from Stossel TV, sign up here: https://www.johnstossel.com/#subscribe
———————————

CATO Director of Budget Policy Romina Boccia writes about that. She explains: “Call it an emergency, done. Spend the money on whatever you want.”

Sadly, that’s how it works in Washington.

It gets worse. The budget caps that politicians want to evade never even cut spending to begin with. They merely slowed the planned INCREASE in spending.

You can watch the video above to see what will happen if government keeps spending like crazy — and also see a possible solution.