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    Catherine Schmidt (lillyfinch@mstdn.social)'s status on Monday, 07-Jul-2025 01:26:25 JSTCatherine SchmidtCatherine Schmidt

    #Politics #Trump #BBB #Debt #Economy

    Heather Cox Richardson 76/25
    DEBT CEILING

    Sam Goldfarb and Justin Lahart of the Wall Street Journal noted on Thursday that economists, investors and politicians are sounding the alarm that the U.S. is “bingeing on debt” when there is no national emergency like a pandemic or a war to require taking on such debt. The measure will raise the nation’s debt ceiling by $5 trillion.

    In conversationabout 20 days ago from mstdn.socialpermalink
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GNU social JP is a social network, courtesy of GNU social JP管理人. It runs on GNU social, version 2.0.2-dev, available under the GNU Affero General Public License.

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