.TulsiGabbard says JoeBiden's overspending 'will affect us for generations to come'
President Joe Biden's"Bidenomics" campaign platform, which is the president's spending attempt to"grow the economy ... from the middle out and the bottom up," is"failing the American people," according to Gabbard. Instead, she offered her own definition on Fox News's The Ingraham Angle Thursday.
As a veteran, Gabbard pointed to Biden's military spending as"the perfect example" of his administration's tendencies. "They have essentially a blank check, an unaccounted amount of spending of taxpayer dollars, and if you or I or anyone else says, 'Hey, is all that you're spending actually strengthening our national security? Is this serving the best interests of the American people? And maybe perhaps we should know where every dollar is being spent.' If we say that, we are at risk of being called unpatriotic," the former representative said.
The Federal Reserve has intervened, hiking interest rates Wednesday to a range of 5.25% to 5.5%. The housing bubble in 2006 motivated the Fed to issue a short-term rate of 5.25%. The last time it sought a rate as high as 5.5% was in early 2001 during the collapse of the dot-com bubble.
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