Budget Gimmicks: Washington labels everything an “emergency” to spend more of your tax dollars.

President Biden and the Senate, plan to get around budget caps using an “emergency” loophole.

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CATO Director of Budget Policy Romina Boccia writes about that. She explains: “Call it an emergency, done. Spend the money on whatever you want.”

Sadly, that’s how it works in Washington.

It gets worse. The budget caps that politicians want to evade never even cut spending to begin with. They merely slowed the planned INCREASE in spending.

You can watch the video above to see what will happen if government keeps spending like crazy — and also see a possible solution.

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John Stossel is an American consumer television personality, author, and libertarian pundit, known for his career on both ABC News and Fox Business Channel. Stossel's style combines reporting and commentary.