The President of the United States signed into law the omnibus
spending bill passed by the majority Republican Congress for fiscal year 2018
to fund federal agencies avoid another government shutdown. The law is of mixed benefit and harm.
The law
appropriates $1.3 trillion more than expected revenue, a record large budget
deficit. It continues to fund
federalized health insurance (Obamacare) and Planned Parenthood.
On the
positive side, it includes additional sanctions on the Russian Federation, and
provides the following: funds to assist States in defending against foreign election
interference, lethal and non-lethal aid to Ukraine, increased defense spending,
increased security for diplomatic missions, and increased border security,
without including any concrete wall on the Mexican border, such as Donald Trump
had promised during his presidential campaign that Mexico would pay for.
Although an increase in defense spending was particularly necessary after several years of cuts, in addition to the other items, conservatives must return to fiscal restraint as soon as possible.
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