After calling the $1.3 trillion federal spending measure very disappointing, President Trump signed the package causing much upset in some circles. In the Nebraska Unicameral, lawmakers continue to have problems coming to terms with a state budget. Creighton University Economist Ernie Goss sees spending is out of control at both levels.

In the meanwhile, life goes on pretty much as usual and the big shoe never really drops. Goss says just wait.

Goss says there will be at least two more interest rate hikes this year and possibly more if out of control spending continues.