Congress: Printing Money by the Barrel

This summer, Congress's budget gimmick of choice appears to be selling oil from America’s Strategic Petroleum Reserve. Senators of both parties, including Majority Leader Mitch McConnell (R-Ky.) and Barbara Boxer (D-Calif.), want to sell oil from America’s Strategic Petroleum Reserve to pay for new roads and bridges. Meanwhile, the House passed a bill to fund $5.4 billion in medical research by selling 64 million barrels.

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