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Hey, Republicans, Spending Is Still Out
Of Control

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Posted By: RockyTCB, 7/14/2026 11:21:41 AM

For all the endless talk about “draconian” cuts, federal spending is running $172 billion ahead of last year, according to the Monthly Treasury Statement released Monday. And that includes a substantial increase in fraud-riddled Medicaid spending. And spending continues to outpace increases in revenues, which means the deficit this year is now on track to top $2 trillion. The last time that happened was in the middle of the COVID-19 spending splurge. To be sure, it’s not all bad news.

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Reply 1 - Posted by: Kate318 7/14/2026 11:44:44 AM (No. 2128259)
When you need to feel depressed, you can always count on the I & I Editorial Board.
1 person likes this.

Reply 2 - Posted by: stablemoney 7/14/2026 11:45:02 AM (No. 2128260)
The GOP Congress has been out on vacation since Trump was elected. Nothing accomplished, and nothing planned. We keep getting the old Bill Barr playbook, promising something always a month ahead, nothing ever delivered.
3 people like this.

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Hey, Republicans, Spending Is Still Out
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2 replies
Posted by RockyTCB 7/14/2026 11:21:41 AM Post Reply
For all the endless talk about “draconian” cuts, federal spending is running $172 billion ahead of last year, according to the Monthly Treasury Statement released Monday. And that includes a substantial increase in fraud-riddled Medicaid spending. And spending continues to outpace increases in revenues, which means the deficit this year is now on track to top $2 trillion. The last time that happened was in the middle of the COVID-19 spending splurge. To be sure, it’s not all bad news.
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