An $89 billion injection "changes a lot of votes," explained North Carolina Rep. Mark Meadows, the chairman of Republicans' arch-conservative Freedom Caucus and an opponent of the bill, hours before it passed.
And that figure, an important factor in securing the support of lawmakers from the Republican-heavy states of Texas and Florida, only accounted for the disaster-recovery portion of an agreement that clears the way for Congress to commit to an additional $400 billion-plus in deficit spending over the next decade.
With the tax cut stimulus, the federal tax receipts stand to increase as much as 100%, during that same period.
Unless Im missing something, this IS NOT a bad deal.
$21 trillion debt + rising interest rates = train wreck