This week, Congress moved closer to passing four separate bills with $95 billion in funding for Ukraine, Israel, Indo-Pacific allies, and the domestic submarine industrial base. This funding has been debated for months, with much of it intended for wars that have been going on—and likely will continue—for a while. In other words, it's not new or surprising. Yet once again, it will be labeled "emergency spending," a tool allowing legislators to double down on their fiscal irresponsibility.
Before I explain my objection to their behavior, I would like to make two points. The first one might be the most important: I don't want you readers to get the impression that Congress is only irresponsible when using the emergency label to spend money. Congress is irresponsible all the time. Legislators have accumulated $34 trillion in debt without any real collective thinking about how to pay for it. The deficit is at 5.6 percent in a time when America is at peace and the economy is growing. They have done much of this deficit spending outside of the emergency process.
