UPDATE: 3:33 A.M. ET

It looks like the chickens may be coming home to roost. THREE banks have failed in the past week: Silvergate, Silicon Valley and Signature. As historic inflation and higher interest rates keep weighing down the U.S. economy, millions of Americans wonder if more collapses are on the way.

Yesterday morning, to reassure a rattled nation, Joe mumbled through a four-minute statement, insisting: "Our banking system is safe. Your deposits are safe." Then he shuffled off without taking any questions from reporters.

America's so-called "Commander-in-Chief" didn't instill much confidence. The "emperor with no clothes" wants to continue trying to convince We the People that he's doing a great job and everything is going perfectly fine.

+ + Vote In Grassfire's "Spending Insanity?" QuickPoll Now!

But, just one day after the first bank collapse, Joe unveiled his $6.9 TRILLION budget for 2024. It's a ridiculously laughable tax-and-spend scam that would balloon America's $31.5 TRILLION deficit to $51 TRILLION -- in just 10 years!

Do you think the House GOP should cave to Joe's regime, radical Democrats and Establishment RINOs by letting the "spending insanity" continue? Or should Washington, D.C. stop spending money America doesn't have?

Make your voice heard now by participating in Grassfire's "Spending Insanity?" QuickPoll. See yesterday's update below for more information and to vote now. Thanks, in advance, for taking immediate action today.

Standing for life, liberty and limited government,

The Grassfire Team

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Monday morning:

Just one day before the second-biggest bank collapse in American history, Joe introduced his ridiculous $6.9 TRILLION budget proposal for 2024. Silicon Valley Bank failed on Friday after a "run" on deposits (a reported $42 BILLION in one day), resulting in a takeover by federal regulators.

Joe is expected to address the nation this morning about the biggest banking collapse since the 2008 financial crisis. Over the weekend, he promised that his administration "will maintain a resilient banking system to protect our historic economic recovery."

What "recovery"? Inflation is reaching historic highs, interest rates continue rising, and 71% of Americans say the country is headed in the wrong direction under Joe's "leadership." AND federal regulators also shuttered New York City's Signature Bank this weekend -- the third-largest bank failure in U.S. history!

+ + Should Congress Stop Joe's "Spending Insanity"?

The $6.9 TRILLION Joe wants to spend in 2024 is more than ANY YEAR DURING THE PANDEMIC. That runaway spending led to skyrocketing inflation, rising fuel costs and pushed the U.S. economy to recession! The nonpartisan Committee for a Responsible Federal Budget says Joe's "excessive" proposal calls for 55% MORE FEDERAL SPENDING than the year BEFORE the pandemic.

You've probably heard the word "insanity" defined as "doing the same thing over and over and expecting a different result." As interest rates climb, energy costs rise, inflation balloons and a recession worsens, Joe's regime is doubling down on radical, leftist, socialist government spending that could bankrupt America.

What do you think? Please let us know by making your voice heard by voting in our "Spending Insanity?" QuickPoll. Click here or on the "YES!" image below if you think Congress needs to stop Joe's runaway government spending. Click here or on the "NO!" image below if you support the current tax-and-spend policies of the White House and most of Capitol Hill.

    

Our staff will share the results of our one-question "Spending Insanity?" QuickPoll when it reaches 10,000 votes. After making your voice heard, please forward this message to your friends and family members. We want to know what they think, too. Thanks, in advance, for taking action this morning as a Grassfire team member.

Standing for life, liberty and limited government,

The Grassfire Team

P.S. Please note that our QuickPolls are not scientific, nor are they meant to endorse a specific candidate or position. They're for informational purposes only.

Sources:

Silvergate ßank Collapses (TheStreet)

Amid crisis, ßiden tells Americans 'banking system is safe' (ABC News)

President ßiden Remarks on Banking and the Economy (C-SPAN)

Here's how the second-biggest bank collapse in U.S. history happened in just 48 hours (CNBC)

ßiden to address bank closures Monday morning (The Washington Times)

Poll finds 71% of Americans believe country is on wrong track (NBC News)

Signature Bank becomes next casualty of banking turmoil after SVB (Reuters)

'Excessive' ßiden budget plan would cause national debt to hit nearly $51 trillion by 2033 (New York Post)

U.S. National Debt Clock: Real Time

Federal Debt: Total Public Debt (FRED)