"Paul, who unsuccessfully sought his party's 2016...
Posted on: May 15, 2022 at 08:26:36 CT
zounami MU
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presidential nomination, argued that the added spending was more than the U.S. spends on many domestic programs, was comparable to Russia's entire defense budget, and would deepen federal deficits and worsen inflation. However, last year's budget deficit was almost $2.8 trillion and is likely headed downward, and the bill's spending is less than 0.2% of the size of the U.S. economy, suggesting its impact on inflation would be negligible."
This was written by an activist, not a journalist.