Commentary As Democrats regroup to try to pass their $2 trillion Build Back Better Act, pressure grows for shining the light of fiscal responsibility on all this. Given President Joe Biden’s crashing approval ratings, there is some hint that the American people smell a rat. One sign of the smell of that rat is the alarming escalation of the rate of inflation to where it hasn’t been in over 30 years. Let’s start with the announcement from the Treasury Department a week ago that the revenue measures built in to finance the $2 trillion in spending will not only not add to the nation’s existing fiscal deficit but will reduce it. The headline from the Treasury department reads “Preliminary Estimates Show Build Back Better Legislation Will Reduce Deficits.” The document shows an estimate of $2.151 trillion in revenue raising measures against $2 trillion in spending. However, the University of Pennsylvania …