Under President Biden, federal spending has exploded to more than $6 trillion. Washington doesn’t have a revenue problem. It has a problem of runaway spending.
President Trump after signing the tax bill at the White House, December 22, 2017. AP/Evan Vucci, file
Mr. Moore is an economics journalist, author, and columnist. He is the chief economist for the Institute for Economic Freedom and Opportunity, and a regular contributor at The Wall Street Journal, Fox News, CNN and CNBC.
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