Noun
a brief period of extravagant spending
Source: WordNetThe sheer magnitude of Speaker Pelosi's spending spree is mind boggling. Most of us do not use the number 1,000,000,000,000 in our daily lives, so it is difficult to attach tangible value to the figure. Geoff Davis
A government decision that slashes spending at the wrong time and sends a weak economy into a tailspin can be just as undisciplined as one that unleashes a wasteful spending spree in an overheated environment. Peter Blair Henry