I fear the toxic cocktail of massive deficit spending, when we had $1 trillion of funding still unspent from last year, increasing risk of inflation, higher long-term interest rates, and unprecedented accommodative monetary policy that I fear is addicting our economy on easy money.
Andy Barr: “I fear the toxic cocktail of massive deficit spending, when we had $1 trillion of funding still unspent from last year…”
Editor's note · Context
Barr expresses concern over deficit spending and its potential negative economic impacts.
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