At $7.3 Trillion, Biden's Budget Twice The Size Of Obama's

Numbers eventually just become a string of zeroes so when Biden proposes a $7.3 trillion budget, let's get some perspective here.

President Biden unveiled his election-year budget pitch Monday, calling for $5.5 trillion in tax increases by raising rates on the wealthy and corporations - while spending $7.3 trillion on defense, federal benefit programs, affordable housing and student debt cancellation, among other proposals.

The Committee for a Responsible Federal Budget noted the Office of Management and Budget estimates project the national debt would surge to $45.1 trillion - or 105.6% of Gross Domestic Product - by 2034 under the plan, up from $27.4 trillion.

I have to admit that I underestimated Biden while writing, "A trillion here, a trillion there, pretty soon, you're talking real money."

Bill Clinton introduced us to the $2 trillion budget, Bush to the $3 trillion budget, Obama to the $4 trillion budget and then $6 trillion spending sprees became the norm.

Another term will inevitably take us to a $7 trillion dollar budget and beyond.

Let's just pause for a moment to consider the escalation here, of how it took decades for $2 trillion to turn into $3 trillion and then $4 trillion, but we've doubled the budget to over $7 billion in a decade. 

https://www.frontpagemag.com/at-7-3-trillion-bidens-budget-twice-the-size-of-obamas/