Washington Cashes In on Inflation

Posted on AllSides January 18th, 2022
From The Right

The country may be upset with inflation, but in many ways political Washington has never had it better. Covid-19 has been the excuse for record government spending and the abuse of regulatory power such as vaccine mandates and an eviction moratorium. And now we learn that tax revenue is rushing into the Treasury even as politicians plead poverty.

That’s the news you haven’t read about last week’s December budget review from the Congressional Budget Office. The budget gnomes report that federal receipts in the first fiscal quarter, from October to...

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