Kamala Harris' $1.7T spending plan exposes her pixie-dust fiscal policy

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Kamala Harris' $1.7T spending plan exposes her pixie-dust fiscal policy
2024 Presidential ElectionFederal BudgetGovernment Spending
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Someone must have mentioned “return on investment” to her in a policy briefing — and now Harris apparently thinks she’s the Warren Buffett of deficit spending.

Kamala Harris took a few brief minutes on the campaign trail to answer a couple of questions from reporters and flash her policy chops. for her lavish spending plans, the vice president explained that it would be covered via those indispensable fiscal tools — pixie dust and magical thinking.

Harris campaign, Whitmer and the media tar the small Michigan town Trump’s visiting Tuesday as racist Because, she continued, “when you were strengthening neighborhoods, strengthening communities, and in particular the economy of those communities and investing in a broad-based economy, everybody benefits and it pays for itself in that way.”Clearly, someone mentioned “return on investment” to her in a policy briefing somewhere along the line, and the phrase stuck. Now, Harris apparently thinks she’s the Warren Buffett of deficit spending.

Where’s the return? There is some, no doubt, but it is overwhelmed by the geyser of spending on every priority, from the Administration for Children and Families to the Wireless Telecommunications Bureau. Magical realism — or magical unrealism — in budgeting is an entrenched, bipartisan phenomenon in Washington.

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