The United States Senate voted 90 to 6 to approve a continuing resolution that will fund the federal government into December, a move that kicks the can of a final budget down the road while maintaining the status quo on all federal outlays. The measure now heads to the House for a vote before the fiscal deadline.
The overwhelming bipartisan support for the stopgap bill underscores a Washington establishment united in its avoidance of substantive budgetary reform. For the American worker, the legislation means the continuation of a spending trajectory that has fueled inflation and ballooned the national debt to over $33 trillion, with no relief in sight from the globalist economic priorities embedded in current appropriations. This includes unchecked foreign aid allocations that do not serve a direct and obvious American national interest.
Cost of Inaction
Every day that Congress fails to pass individual appropriations bills through regular order, it cedes its power of the purse and ensures that domestic priorities are neglected in favor of a blanket spending package. The short-term bill provides no funding for a border wall, no significant increase for domestic energy production, and no cuts to the administrative state that burdens American industry with regulation. The national debt now costs taxpayers over $2 billion a day in interest payments, a figure projected to exceed defense spending, a direct consequence of this cycle of temporary spending patches.
While the bill is expected to pass the House, it represents a failure to leverage the appropriations process to force policy changes that prioritize American citizens. Lobbying interests from the defense and financial sectors, which benefit greatly from a predictable and uninterrupted flow of federal cash, are celebrating the vote. For the workers whose wages are eroded by the currency debasement required to finance this debt, the bill offers nothing but a promise of another fiscal fight in December.