Viewpoints
Opinion

Politicians Make a Mockery Out of ‘Emergency’ Spending

Politicians Make a Mockery Out of ‘Emergency’ Spending
The U.S. Capitol building in Washington on Aug. 18, 2023. Madalina Vasiliu/The Epoch Times
|Updated:
0:00
Commentary

Remember how, mere months ago, the debt-ceiling deal struck between Democrats and Republicans to avoid a government shutdown was touted as a “historic first step toward shifting government back toward common sense and conservatism”? The hope was that the spending caps in the deal would actually constrain spending. Well, it took less than two months for politicians to start evading the caps with an old trick: emergency spending.

Veronique de Rugy
Veronique de Rugy
Author
Veronique de Rugy, Ph.D., is a senior research fellow at the Mercatus Center at George Mason University. She has testified numerous times in front of Congress on the effects of fiscal stimulus, debt, deficits, and regulation on the economy. Previously, de Rugy has been a resident fellow at the American Enterprise Institute, a policy analyst at the Cato Institute, and a research fellow at the Atlas Economic Research Foundation.
Related Topics