How to bankrupt America
Harold Pease, Ph.D.Special to Anza Valley OutlookPresident Joe Biden signed into law the $1.9 trillion American Rescue Act Monday, March 15. Not a single Republican in the House or Senate voted in favor of this legislation, as only 9% of which had anything to do with coronavirus relief. This act passed even in light of the fact that a trillion dollars was not yet spent from the money previously allotted for COVID-19 relief.Before this act, the first spending package for the virus was last year March 27, 2020, when Congress added $2.5 trillion to the national debt with The Coronavirus Aid, Relief and Economic Security Act giving most adults $1,200. Most were jubilant to receive a stimulus check but to pay this single stimulus back today would cost each taxpayer $18,863 since abo