Opinion: The Spending Bill Cometh – WSJ

Democrats are elated with the popularity of their $1.9 trillion spending bill, which they passed under the political cover of the Covid emergency. Handing out money is always popular, especially when there appear to be no costs.

Enjoy the moment because the costs will soon arrive in the form of tax increases. Treasury Secretary Janet Yellen put that looming prospect on the table on Sunday on ABC s This Week. Here s the exchange with George Stephanopoulos:

via www.wsj.com