One Place Schumer Sends Your Money |
When Congress was considering the One Big Beautiful Bill Act in June of last year, Senate Minority Leader Chuck Schumer (D.-N.Y.) pretended he was dedicated to fiscal restraint.
"The CBO just handed America the receipt for Trump's 'Big, Ugly Bill' -- and it's devastating," said Schumer. "Senate Republicans' bill would blow a $3.3 trillion hole in the debt to pay for billionaire tax breaks.
"This is the biggest debt increase in U.S. history," he said.
In fact, as this column has noted before, when Schumer was serving as Senate majority leader from Jan. 3, 2021 to Jan. 3, 2025 (during most of which time former President Joe Biden was in office), the federal debt massively increased. In fact, it climbed from $27,678,274,970,427.93 to $36,164,146,727,045.82 — a jump of more than $8.4 trillion.
Schumer, as this column has also noted before, has often focused his official press releases not on the federal deficit but on the federal money that is being spent in his home state of New York. This is money that has been taxed away from working Americans all across the country — or borrowed on the backs of future generations of American workers.
On May 21, for example, he put out a press release bragging about $1 billion in federal money that could be invested in a "quantum wafer" facility in New York. "Schumer today applauded the Commerce Department's letter of intent to award up to $1 billion in federal CHIPS R&D funding, combined with an........