Johns Hopkins Economist Steve Hanke: True Cost of Biden’s Spending Plans Could Be $17.1 Trillion...

https://fee.org/articles/johns-hopkins-economist-explains-why-true-cost-of-biden-s-spending-plans-could-be-171-trillion-3x-higher-than-advertised/?utm_source=email&utm_medium=email&utm_campaign=2020_FEEDaily
In just his first 100 days, President Biden has rolled out ambitious spending plans meant to vastly increase federal funding for everything from infrastructure to jobs to families. The whopping $6 trillion price tag on these combined proposals has raised many eyebrows about how a nation more than $28 trillion in debt can afford such a splurge. But one prominent economist is warning that the true cost of Biden’s plans could be more than three times higher than advertised.