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The Hamilton Corner With Abraham Hamilton III

Unlimited Borrowing

Episode ID: 13023 · 00:00:59 · February 12, 2018
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“The borrower is the slave of the lender” Proverbs 22:7(b) (ESV).

Congress has passed a sweeping two year budget agreement that increases spending by several hundred billions dollars.

It includes $89 billion in supplemental disaster relief, $63 billion in other non-defense spending, $300 billion for the Pentagon and a suspension of the debt limit.

All this while we have $22 trillion in debt and that number doesn’t include unfunded mandates.  The real national debt number is much higher.

Fiscal responsibility no longer seems to be a priority for the Republican Party.

Conservative and Republican are not synonymous terms.

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