While everyone watched Hunter Biden grandstand on Dec 14th, the woman at the center of the allegations that the Merrick Garland DOJ slow-walked and obstructed the investigation against the Bidens, Lesley Wolf, did exactly that to Congress

Look! Over there! A deer! And Congressman Eric Swalwell is with him!

Lesley Wolf, prosecutor accused of working to 'limit' questions about 'big guy' in Hunter probe, out at DOJ

 

Lesley Wolf left the DOJ weeks ago, a source said

 

December 14, 2023 9:58am EST

Hunter Biden skips deposition and angers Republicans

Fox News correspondent David Spunt has the latest on the first son's refusal to testify on 'Special Report.'

 

The assistant U.S. attorney who was accused of limiting questions related to President Biden during the federal investigation into Hunter Biden is no longer employed by the Justice Department, Fox News has learned. 

Lesley Wolf, who served as an assistant U.S. attorney in the U.S. Attorney's Office in Delaware, is no longer with the DOJ, according to a source familiar with the situation. 

The source said Wolf had longstanding plans to leave the Department of Justice and did so weeks ago. 

Wolf, who IRS whistleblowers claimed slow-walked the Hunter Biden investigation, is sitting for a transcribed interview before the House Judiciary Committee on Thursday morning. 

Specifically, IRS whistleblower Gary Shapley alleged that Wolf worked to "limit" questioning related to President Biden and apparent references to Biden as "dad" or "the big guy."

This is a developing story. Please check back for updates.

Brooke Singman is a Fox News Digital politics reporter. You can reach her at Brooke.Singman@Fox.com or @BrookeSingman on Twitter.

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nypost.com

Prosecutor who allegedly shielded Joe, Hunter Biden testified 79 times she's 'not authorized' by DOJ to give answers

Steven Nelson

7–9 minutes

Published Dec. 21, 2023, 9:14 p.m. ET

 

---

WASHINGTON — The former federal prosecutor who allegedly shielded President Biden and his son Hunter during a criminal investigation testified 79 times to Congress that she was “not authorized” by the Justice Department to answer questions about the case, according to a transcript reviewed by The Post.

Former Delaware Assistant US Attorney Lesley Wolf repeatedly cited a five-page authorization letter from Associate Deputy Attorney General Bradley Weinsheimer as she refused to answer questions during a House Judiciary Committee deposition last week.

Weinsheimer’s Dec. 12 letter, also reviewed by The Post, says: “[T]he Department generally does not authorize congressional testimony from line-level personnel, especially relating to an ongoing investigation with charges pending in court. The Department has declined to do so in connection with this matter.”

Wolf’s dozens of refusals to answer questions — just one day after the full House voted to authorize an impeachment inquiry into President Biden — frustrated attempts to firm up the storyline involving what whistleblowers say was a sweeping cover-up by Wolf and colleagues to protect the Biden family.

A former federal prosecutor who allegedly shielded President Biden and his son Hunter during a criminal investigation testified that she was “not authorized” to answer questions about her actions, according to a transcript. AP

The near-blanket rejection of questions follows pressure from House Republicans on the administration to allow witness testimony and could bolster GOP arguments that the White House is obstructing the inquiry, which itself could form an article of impeachment.

Two IRS agents who worked on the long-running tax fraud investigation into Hunter Biden, which focused on his foreign income from countries such as China and Ukraine, alleged in prior testimony to House committees that Wolf tipped off the first son’s lawyers to investigative steps and forbade inquiries into Joe Biden, even when communications mentioned him.

Wolf served on the squad of prosecutors that signed off on a probation-only plea deal in June for the first son on tax and gun charges, which fell apart the following month under scrutiny from a federal judge.

Lesley Wolf (above) repeatedly cited a five-page authorization letter from Bradley Weinsheimer as she refused to answer questions during a House Judiciary Committee deposition. Fedbar.org

IRS supervisor Gary Shapley, who oversaw the Hunter Biden investigation for three years, and case agent Joseph Ziegler, who worked on the inquiry for five years, made a series of specific claims against Wolf, which she did not refute in her testimony.

Tax investigators learned in December 2020 that Wolf “reached out to Hunter Biden’s defense counsel and told them” about investigators’ plans to search a northern Virginia storage unit that contained business records, “circumventing our chance to get to evidence from potentially being destroyed, manipulated or concealed,” Ziegler testified in July.

Shapley testified that investigators were months earlier barred from searching a guest house at Joe Biden’s Wilmington, Del., home, where Hunter often stayed.

Wolf’s refusals to answer questions come one day after the full House voted to authorize an impeachment inquiry into President Biden. REUTERS

Shapley said that on Sept. 3, 2020, “Wolf told us there was more than enough probable cause for the physical search warrant there, but the question was whether the juice was worth the squeeze.”

Wolf also allegedly objected during a meeting on Dec. 3, 2020, to questioning a key Biden family associate, Rob Walker, about the president.

“Wolf interjected and said she did not want to ask about the big guy and stated she did not want to ask questions about ‘dad,’” he said. 

“When multiple people in the room spoke up and objected that we had to ask, she responded, there’s no specific criminality to that line of questioning. This upset the FBI, too,” Shapley testified.

Wolf served as a key point person for the investigation, serving under Delaware US Attorney David Weiss.

The whistleblowers accused Weiss’ office of giving Hunter Biden’s legal team advance knowledge of a planned interview attempt in late 2020, scuttling a planned approach, and said prosecutors didn’t pass along a paid FBI informant’s tip that Joe and Hunter Biden received $10 million in bribes from Ukrainian energy company Burisma, which paid Hunter a salary of up to $1 million to serve on its board beginning in 2014 when his vice president dad led US policy toward the country.

Wolf allegedly instructed FBI agents in August 2020 to remove references to Joe Biden from a search warrant affidavit, writing, “Someone needs to redraft [the affidavit] … There should be nothing about Political Figure 1 in here,” according to an email released by the Ways & Means Committee.

“That email, I think, is super important because it’s a one-off example in writing of the constant concern of following investigative leads that might lead to Joe Biden,” Ziegler said last week in a Fox News interview.

“The FBI agents who drafted that affidavit, they believed that they had sufficient evidence — probable cause — to support including Political Figure 1 in that affidavit,” said the self-identified Democrat.

IRS supervisor Gary Shapley (not pictured) oversaw the Hunter Biden investigation for three years. REUTERS

“That related to [Ukrainian energy company] Burisma, access to Joe Biden and access to the administration and there was ample evidence that was included in that affidavit that’s supported including Political Figure 1. That has a waterfall effect on the investigation because those emails that we’re searching for might not come through to the team.”

Shapley and Ziegler said they were not allowed to get cellphone geolocation data that could have proved Joe Biden was with his son in July 2017 when Hunter sent a threatening text message to a Chinese government-linked businessman saying, “I am sitting here with my father,” and warning of retribution. 

Within 10 days of that message, $5.1 million flowed to accounts linked to Hunter and first brother James Biden from CEFC China Energy — after a tranche of $1 million earlier that year, less than two months after Biden left office as vice president.

Internal Revenue Service whistleblowers Joseph Ziegler and Gary Shapley testify in the House Oversight and Accountability Committee hearing about alleged meddling in the Justice Department’s investigation of Hunter Biden. REUTERS

A May 2017 email penciled in Joe Biden, referred to as the “big guy,” for a 10% cut from CEFC dealings.

The IRS whistleblowers say that — in addition to preferential treatment for Joe and Hunter Biden — Attorney General Merrick Garland misled Congress under oath about Weiss’ ability to independently bring criminal charges against Hunter Biden.

Biden-appointed US attorneys in Los Angeles and Washington have confirmed in testimony that they declined to partner with Weiss, who in August was elevated by Garland to be a special counsel, allowing him to bring charges independently outside of Delaware.

The DOJ didn’t immediately respond to a request for comment about Wolf’s testimony.

 

Thanks to Biden's so-called Inflation Reduction Act, the Japs are buying U.S. Steel for $14.9 billion

 U.S. Steel also supplies to the renewable energy industry and stands to benefit from the Inflation Reduction Act (IRA), which provides tax credits and other incentives for such projects, something that attracted suitors.

More.

 

There is nothing America will not sell out, as long as the price is right.

 

Inflation remains very, very profitable for corporations and federal government spendthrifts, at your expense

 

US Treasury yields making new highs for this cycle as of Oct 19, 2023

Massive Treasury issuance to pay for massive pandemic spending has driven yields higher.

 

It's the law of supply and demand: Increase the supply of US Treasury debt and the price goes down.

 

Previously issued securities paying lower interest rates drop in price because they are much more plentiful in comparison with the new issues paying higher rates which investors demand.

 

Who wants 'em?

 

Banks are estimated to be stuck with these dogs in quantities approaching what the Fed has let roll off, which is what they also must do. The collateral backing banks, insurance companies, pension funds, et cetera et cetera et cetera, suffers.  

The Federal Reserve Bank's role as a big buyer in the bond market has been curtailed since 2Q2022, removing its big price support role. As of 3Q2023 the balance sheet is down $768 billion as securities mature. That's about $51 billion rolling off per month, and no net buying to replace it.

 

The Fed has also raised the Federal Funds Rate to an average of 5.33 to combat inflation.

 

So yields have risen for such reasons to these records for this cycle to date, but it's all predicated on the US Treasury having to dilute the supply:

 

1MO 6.02 5/26/23 (debt ceiling disagreement)

3MO 5.63 10/6/23

6MO 5.61 8/25/23

1Y    5.49  9/27/23

 

2Y 5.19 10/17/23

3Y 5.03 10/18/23

5Y 4.95 10/19/23

7Y 5.00 10/19/23

10Y 4.98 10/19/23

 

20Y 5.30 10/19/23

30Y 5.11 10/19/23.

In the aggregate as of Oct 20 yields are up a net 22% year over year to an average of 5.25692 from 4.30846 when all the wizards of smart said they couldn't possibly go any higher without breaking something.

They're still saying that.

 

US pandemic debt orgy described as fiscal slippage lol

It's so indicative of our degeneracy how economic profligacy must not be described that way in this day and age where anything and everything is great, awesome, and epic but that.

Oh well, at least they still pay a modicum of respect with huge, swelled, and deluge.

If only all that cash were a tsunami, inundating the shore with ruinous inflation.

 

 

 

CNBC, here:

. . . investors are also pricing in surprising economic resilience alongside fiscal slippage.

 The U.S. federal government ended its fiscal year in September with a fiscal deficit of almost $1.7 trillion, the Treasury Department announced on Friday, adding to a huge national debt totaling $33.6 trillion. The country’s debt has swelled by more than $10 trillion since the onset of the Covid-19 pandemic in the first quarter of 2020, prompting a deluge of fiscal stimulus to help prop up the economy.

Friday night news dump: IRS contractor Charles Littlejohn, 38, charged with leaking tax records in New York Times and ProPublica incidents in 2018 and 2020

 Littlejohn, 38, provided the public official’s tax documents to an unnamed news organization, and the tax information concerning other wealthy individuals to another unidentified news organization between 2018 and 2020, prosecutors said.

In 2020, The New York Times released a bombshell report saying that it had obtained more than two decades of Trump’s tax information and that he had paid only $750 in federal income taxes in 2016 and 2017.

 

More. 

 

The story has already been scrubbed from the lineup by the weekend kids crew at CNBC.

It turns out that former S&P Sovereign Ratings Committee Chair John B. Chambers, who presided over the AAA downgrade in 2011, is a partisan wackadoodle

 Here commenting about today:

“The external position is about the same, but I think the governance has weakened and the fractiousness of the political settings is much worse, and that has led to government shutdowns, it’s led to fears that the government might default on its debt because of the debt ceiling, and it’s led to a failed coup d’état on the 6th [of] January, 2021.”

And here a couple years ago:

"I don’t think the chance of a default because of a debt ceiling is that high as long as the Democrats control both Congress and the White House, that won’t always been the case. That could reemerge."

 Because, this:

The Wall Street bean counter who trashed America’s global credit reputation is a New Yorker who never studied economics, majored in literature and philosophy, and has a master’s in English lit. ...

Chambers grew up outside Kansas City, Kan., and went to liberal Grinnell College in Iowa, where he was a star on the swim team, ranking eighth in school history in the 1,000-meter freestyle. After graduating in 1977 with a bachelor of arts in literature and philosophy, he went Ivy League, enrolling at Columbia University, where he got a master’s degree in English literature.  ...

S&P was found to have made an estimated $2 trillion error in its 10-year deficit projection but brushed that aside, citing instability in Washington and the fact that the deficit-reduction cuts fell short of S&P’s recommended $4 trillion.

The US debt downgrades of 2011 and 2023 have one thing in common: Nancy Pelosi's record of the four most fiscally irresponsible years in the post-war

Nancy Pelosi owns the record for the four most fiscally irresponsible years in the post-war, spending 316% of tax receipts in 2020, 276% in 2021, 310% in 2009, and 296% in 2010.

Her four years as Speaker 2007-2010 averaged current expenditures as a percent of current tax receipts of 251%, highest for any Speaker ever.

S&P downgraded the debt in August 2011.

The Boehner/Ryan interregnum averaged 219%.

Pelosi's next four years as Speaker 2019-2022 averaged 252% in overspending.

Fitch has now downgraded the debt in August 2023.

Taken all together, Pelosi's Speakership produced the worst overspending in the post-war at 251% of revenues. The excess has to be borrowed, ballooning the debt.

The ratings agencies sound the alarm bells no one else will ring, but they are mocked by all the experts, whose livelihoods depend on the scam continuing. 

 All Bills for raising Revenue shall originate in the House of Representatives; but the Senate may propose or concur with Amendments as on other Bills.     

-- US Constitution, Article One, Section Seven

 

The national debt is up $1.06 trillion since May 31, 2023

 To $32.518 trillion on July 12th.

It was $23.171 trillion on January 2, 2020, $9.347 trillion ago.

InflAtIOn Is sO OvEr.

Congress went on a spending orgy since 2019 adding $8.77 trillion to the national debt and dimwits blame the Fed for being unable to control inflation

 Inflation is always and everywhere a monetary phenomenon. Blame yourselves. You elected them.

 

The chief penalty is to be governed by someone worse if a man will not himself hold office and rule.

-- Plato, Republic, I, 346f.

Lolbertarian says the worst possible thing which could happen to the economy (i.e. "to me") is higher future taxes

More self-absorbed than your average tranny.

Scott Sumner, here:

The consequence of the reckless fiscal policy will not be a financial crisis. Nor will it be a default. Even the permanent monetization of the debt is unlikely, in my view. The most likely consequence will be higher future taxes and slower economic growth. This will lead to reduced living standards. It might also push politics in a more “populist” direction, with consequences that are difficult to predict (but unlikely to be desirable.)

The national debt is up $457 billion since May 31st

 

Debt ceiling compromise clears the US Senate 63-36, Republican Senators extract pledge from Chucky Schumer for more defense spending which amounts to a pig in a poke so 31 vote against it anyway

Hello, all spending bills must originate in the House.

Some Senate Republicans are pretending you don't know that.

What a joke.

 CNBC:

Majority Leader Chuck Schumer spent much of the day Thursday hammering out an agreement with a group of Senate Republicans who demanded that he pledge to support a supplemental defense funding bill before they would agree to fast-track the debt ceiling bill.

The current House debt ceiling bill provided $886 billion in defense spending for fiscal year 2024, an increase of 3% year over year. That figure rose to $895 billion in 2025, an increase of 1%.

But GOP Sen. Susan Collins of Maine called this “woefully inadequate” Thursday, arguing that a 1% increase did not keep pace with inflation, so in practical terms, it was actually a decrease in military funding. The solution came in the form of a rare joint statement from Schumer and Senate Minority Leader Mitch McConnell, R-Ky., which was read on the floor.

“This debt ceiling deal does nothing to limit the Senate’s ability to appropriate emergency supplemental funds to ensure our military capabilities are sufficient to deter China, Russia and our other adversaries and respond to ongoing and growing national security threats,” Schumer read. “Nor does this debt ceiling limit the Senate’s ability to appropriate emergency supplemental funds and respond to various national issues, such as disaster relief, combating the fentanyl crisis or other issues of national importance,” said Schumer.

The Hill:

The normally slow-moving chamber raced through a dozen votes in just over three hours. ...

A total of 31 Republicans voted against the measure ...

Just four Democrats voted against the measure: Sens. John Fetterman (Pa.), Ed Markey (Mass.), Jeff Merkley (Ore.), Elizabeth Warren (Mass.), along with Bernie Sanders (I-Vt.). ...

The legislation would provide $886 billion for defense, which negotiators described as a 3 percent increase, and $637 billion for non-defense programs, according to a White House summary. ...

Senate Republican Whip John Thune (S.D.) said McCarthy didn’t sign off on the agreement between Senate leaders and defense-minded GOP senators. ...

Asked how confident he is about a defense supplemental spending bill passing later in the year, Thune said, “hard to say.” 

“It was important for some of our members have folks on the record acknowledging there clearly could be a need, will be a need for our national security interests,” he said.

The US House passed the debt ceiling compromise 314-117 this evening

 

Seventy-one Republicans and 46 Democrats voted against the bill in the House — mostly liberals and conservatives protesting specific provisions of the bill. Their numbers, however, were never a threat to the bill’s passage because of a hodgepodge of moderates and leadership allies who — despite some acknowledging the bill wasn’t exactly what they wanted — threw their support behind the measure. ...

The Congressional Budget Office (CBO) Tuesday estimated that the bipartisan debt limit deal could reduce projected deficits by about $1.5 trillion over the next decade, a meager assessment compared to the roughly $4.8 trillion the nonpartisan scorekeeper said the GOP bill would save. ...

While votes on rules, which govern debate over legislation, typically break along party lines, 29 Republicans broke from the GOP and opposed the rule on Wednesday as a way to boycott the debt limit bill. Shortly before the vote closed — as the bill was poised to be blocked — 52 Democrats threw their support behind the rule, bringing the final vote to 241-187 and allowing the debt limit bill to advance to the floor for a full vote.

More.

Thomas Massie of Kentucky voted for the rule advancing the debt ceiling compromise to the House floor because the compromise contains the Penny Plan and a return to regular order

 The Penny Plan would be triggered in the event 12 appropriations bills are not passed by Jan. 1 annually, automatically reducing spending 1% across the board.

Ending the present bad habit of omnibus spending bills is essential to a return to good governance and represents a good reason to vote for this bill despite its shortcomings.

 

Massie followed through with his statement during Tuesday evening’s vote when he supported the rule. He also told reporters that he plans to vote for the bill when it comes to the floor on Wednesday after announcing it in a closed-door GOP conference meeting minutes earlier.

“It’s because it cuts spending,” Massie told The Hill Tuesday night when discussing his intent to support the bill.

“Nothing I’ve ever voted on has ever cut spending that’s passed that’s become law; this will,” he added.

During Tuesday’s Rules Committee hearing, Massie highlighted a provision in the debt limit bill that incentivizes Congress to pass 12 appropriations bills rather than relying on omnibus measures to fund the government. The provision threatens to cut government spending by one percent across the board if the measures are not approved by Jan. 1.

“There is one way in which I think this bill got better, and it is this 1 percent cut that we’re all agreeing to if we vote for this bill, Republicans and Democrat, come Jan. 1. If we haven’t done our homework, and if the Senate hasn’t done their homework, and if the president hasn’t signed those bills — so everybody is gonna be in this, responsible for the outcome,” Massie said.

More.

The debt ceiling compromise freezes spending in the next fiscal year about $400 billion too high, and does nothing to pay for the $4.9 trillion added to the debt over and above "normal" deficit spending

The Washington Examiner, here:

In exchange for a two-year hike in the federal borrowing limit, the legislation roughly freezes next year's spending at fiscal 2023 levels, followed by a 1% increase in 2025. The legislation also imposes some changes to work requirements for food stamps and will speed the development of energy projects with permitting reform.

Fiscal outlays for 2023 are projected to hit $5.792 trillion. Adjusted for inflation since 2019 that should be more like $5.385 trillion.

 

 

 

Meanwhile, deficit spending since 2019 through fiscal 2023 has added, will add, $8.5 trillion to the debt, which has been the solution to, and the cause of, all our problems.

We are not governed by serious people.

We have the government we deserve.

The lie of the day comes from Reuters via CNBC

... the national debt, which at $31.4 trillion is roughly equal to the annual output of the economy.

 

More.

 

1Q2023 GDP, 2nd estimate: Nominal: $26.4863 trillion.

 

118% is not "roughly equal".

 

And look what has happened to interest payments on the debt, which come out of current revenues. They have gone vertical. At $929 billion annualized, they represent 31.4% of current tax receipts annualized.

 

Everyone minimizing the gravity of this situation is whistling past the graveyard when government social benefits to persons already exceed the tax receipts.

 

This will continue until it can't, and great will be the fall of it.

 

 

LOL, National Review reports AOC expels protesters at her own townhall in Queens, characteristically buried on the Friday night of the summer's first big holiday weekend to minimize such things

 

‘American Citizens before Migrants’: Protesters Heckle AOC at NYC Town Hall

Brittany BernsteinMay 27, 2023 11:06 AM

Representative Alexandria Ocasio-Cortez (D., N.Y.) speaks at a U.S. House Financial Services Committee hearing on Capitol Hill in Washington, D.C., December 13, 2022. (Sarah Silbiger/Reuters)none

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Protesters booed and heckled Representative Alexandria Ocasio-Cortez at a town hall she held in Queens, N.Y., on Friday night.

A man holding small American flags approached the progressive “Squad” member and shouted, “American citizens before migrants.”

“Where are you on the migrant issue? You’re a piece of s***,” he added.

Ocasio-Cortez said, “OK,” as the man was escorted off.

New York governor Kathy Hochul (D.) declared a state of emergency in New York after the expiration of Title 42 earlier this month. The state has roughly 60,000 asylum seekers relying on social services. New York City has gotten so overwhelmed with the influx of migrants that the city has begun sending them to the suburbs. Hochul said she is “looking at all state assets to help ameliorate the problem that is at a crisis level here in the City of New York,” which could includes housing migrants at SUNY campuses, closed psychiatric centers, large parks and parking lots.

Protesters at the town hall held signs concerning a number of issues: “America First. Vetted legal migrants only,” “Stop funding Ukraine,” “AOC: An Obvious Criminal,” and “AOC: Stop pushing drag queen story hour,”

More protesters came forward throughout the evening, including a woman who was critical of Ocasio-Cortez’s support for U.S. funding in Ukraine. The New York Democrat voted to send $40 billion in military and humanitarian aid to Ukraine last year.

“Stop funding this war, there’s a lot of communities that need help and need that money,” another woman said as she was removed from the event.

Ocasio-Cortez was met with both boos and cheers from the crowd when she suggested the Biden administration should abolish the debt limit, as a June 5 debt default deadline looms.

“$100 billion for Ukraine that you voted for!” one man shouted in response to Ocasio-Cortez’s comments on the debt ceiling.

The progressive lawmaker said earlier this week that the “stakes of a default cannot be understated.”

“The chaos that would ensue and the impact on people’s everyday lives would likely be immediate and it is one of the reasons why we need to take default off the table,” she said.

Send a tip to the news team at NR.

 

 

The Dingbat meant overstated, not understated.

As usual the media and the Democrats, but I repeat myself, are portraying the House Republican bill which lifts the debt ceiling by $1.5 trillion as a bill with "big spending cuts"

This is how NPR, who else?, frames the issue from the beginning:

The House of Representatives has narrowly approved a Republican bill to raise the debt limit. However, it ties the ability to raise that debt ceiling to big spending cuts. And this House bill rolls back several of President Biden's key policies.

The House Republican bill, now languishing in the Senate, rolls back spending levels to pre-COVID levels. That's not a spending cut. That's saying, as Biden himself says, the emergency is over.

If the emergency is over, the emergency spending should end, too.

Outlays in fiscal 2020 and 2021 ballooned because of the new pandemic spending. Deficits for just those two years soared to almost $6 trillion. Republicans seek to roll that spending back. Democrats want that spending to form the new baseline. If Democrats succeed, Katy bar the door. The national debt will absolutely explode.

NPR knows this. It just chooses to hide the facts about it all, how the pandemic spending created these massive deficits, and how that spending which flooded the economy with money contributed to the new inflation:

So it raises the debt limit by $1.5 trillion or through March of 2024, whichever comes first. It also sets spending levels for federal programs to those that were in place two years ago. It limits the growth of spending going forward to 1% annually. But as you said, it also targets a list of the president's policies. It repeals the president's student loan forgiveness program, which is tied up in the courts. It claws back unspent COVID relief money and rolls back key energy provisions that were in the Inflation Reduction Act. It also puts in place new work requirements for adults without children who receive federal assistance like food stamps or Medicaid.

Biden's doing the same thing as Obama in making the 2020 crisis spending the baseline for his future spending proposals

 Obama did it in 2009 and Republicans acquiesced, running trillion dollar plus deficits for four straight years until Republicans enforced some fiscal discipline in Obama's second term.

The author below, a Republican, doesn't mention that.

Will Republicans acquiesce again?

If they do, the national debt will easily swell to in excess of $51 trillion by 2033, from $31 trillion at the end of 2022.

From the story, "Trillion-dollar deficits: Biden’s new normal":

The president and his White House have taken the 2020 COVID-19, one-time-only crisis budget as his administration’s working baseline, rather than the pre-Covid 2019 budget, which had a significant $4.4 trillion price tag.

In 2020, because of the pandemic, the budget jumped 47 percent to $6.5 trillion, as both Democrats and Republicans supported the need for emergency funding. That COVID funding was to sunset as the country returned to normal — as it did last year. Apparently, Biden decided to ignore that crucial point.