Senators Blast ‘Biden’s Inflation Bomb,’ Say Excessive Fiscal Spending Is ‘Driving the Economy Into the Ground’

Senators Blast ‘Biden’s Inflation Bomb,’ Say Excessive Fiscal Spending Is ‘Driving the Economy Into the Ground’
President Joe Biden delivers remarks in the Roosevelt Room of the White House in Washington on May 24, 2022. Stefani Reynolds/AFP via Getty Images
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Increased federal spending under President Joe Biden has created a dangerous environment that resulted in growth that can’t support the cost of the national debt, say analysts and lawmakers.

The result has left some experts and conservative politicians to question whether the stimulus measures taken under Biden and the Democrats can be justified as the burden of servicing the debt has suddenly become onerous, an eventuality that some have warned against previously.

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