A budget resolution passed by the House of Representatives last week with the narrowest of margins has left conservatives queasy because of the usual devil’s bargain embedded in the legislation, once again exemplifying Washington’s structural faults.

The budget resolution, backed by President Donald J. Trump and House Speaker Mike Johnson (R-LA) includes $4.5 trillion in tax cuts over the next 10 years and supposedly will eliminate $2 trillion in spending while raising the national debt ceiling by $4 trillion. In other words, it will give the American people some short-term structural relief while facilitating the spending binge that remains the bane of fiscal conservatives. (RELATED: JOHN STOSSEL: Dumb Things Socialists Promise)

Tackling government spending will be a gargantuan task, and it cannot be achieved until America’s economic pillars are sound. When the industrial base is devastated, it forces the public to resort to a consumption-based economy propped up by debt. This has been the status quo since the advent of NAFTA during the Clinton administration. Subsequent........

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