August 25, 2021
That seems to be the case. This article on the $3.5 trillion budget outline didn’t mention once that the spending would be over ten years. (Hey, ten years, one year, what difference does it make?) This spending comes to a bit more than 1.2 percent of projected GDP over this period. For another comparison, we are projected to spend $8.6 trillion on the military over this period.
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