Trump's favorite fantasy is about to hit us where it hurts yet again
President Donald Trump is now apparently planning to request a $600 billion increase in annual military spending starting in October, financed by another huge jump in import taxes, aka tariffs. I said “apparently” since it’s not clear that he thinks he has to request authority for this spending increase or massive tax hike from Congress.
Under the Constitution there is no ambiguity on these issues. Congress has the power to tax and authorize spending. However, Trump and the Republican Congress...