The GOP is expected to shift their focus back to the growing US debt during the Biden administration

This appeared in The Millennial Source

As President Donald Trump ends his time in office, he leaves the country with record debt of nearly US$27.5 trillion.

In American politics, it has long been accepted doctrine that the Republicans (or the GOP) are the party of fiscal responsibility, whereas the Democratic Party supports expensive social programs. Going back to President Ronald Reagan’s economic vision, also known as Reaganomics, the GOP has advocated for minimal government spending and the reduction of the national debt.

Yet, as President Donald Trump ends his time in office, he leaves the country with record debt of nearly US$27.5 trillion. Additionally, in response to the COVID-19 pandemic, the nation’s deficit spending set a record earlier this year when it surpassed US$2.8 trillion on the way to a projected US$3.7 trillion for all of 2020.

For most of the year, few Republicans have objected to spending more money to lessen the impact, as it was what was needed to confront the crisis. That is, until October when Republicans began making it known that they were once again concerned with the fiscal policy of the United States and were going to fight to rein in spending.