The Republican Debt-Ceiling "Deal" Is Exactly What We Expected

Source: Ludwig Von Mises
Published: Jun 1, 2023
Author: Ryan McMaken
Post Date: 2023-06-01 23:47:48 by Charles_Byrd
Views: 223

After countless predictions of economic armaggeddon and panicky entreaties to raise the debt ceiling with no strings attached, the Biden White House and Congressional Republicans agreed on a new budget deal this week that does virtually nothing at all to change the status quo. The deal in no way returns federal spending to pre-covid levels.

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