This is yet another manifestation of a government that is too big for its enumerated powers and so big that it has outstripped the willingness of the citizens to fund it. It has assumed the power of debasing the currency by creating money and credit out of thin air. In fact, it is creating so much money that some of its bureaucrats and officials think they no longer have to get permission from the taxpayer.
When enough states call for an Article V convention to consider amendments to the Constitution, the first order of business must be to restrict the federal government’s spending powers. This will thus be the first limit on its overreach of power beyond those enumerated and in any case will serve to force officials to set priorities that are more in line with their enumerated powers.
The Iron Law of bureaucracy is that they seek to expand their own power until some sufficient outside power restrains them. They will never restrain themselves. (This is why the self-funding CFPB is so dangerous and will some day become its own monster and destroyer of liberty).
The downside of efforts to restrict government spending will be when the ability of government to fund pet projects and to fund our military is force to be more rational. The US has been way over-extended for so long that some conservatives cannot tell reality from the mirage that is paid for via fiat-money. When our military is cut, there will be a lot of crying from power-loving “conservatives” who are really lovers of Big government in camo drag.
The world will change as China, Russia and others rush to occupy the vacuum we must leave when our military is resized to financial reality. But then so will liberals when their welfare state also must be cut. Our present trajectory of print, borrow and spend is simply not “sustainable”, a concept the left loves to hammer all of us about when they claim the high moral ground.
Government has grown so large that it now controls the people. It will not entrench. It has to be destroyed. Are the sheeple of America ready to do such. Ans: NO. This will only change if an all-out civil war happens & the public school children with their electronic crapola have no stomach for such. They are no different than the former USSR & as Solzhenitsyn stated the people went willing scared thinking being nice would get them a pass. So live it, love it in the new commie USA.