Comment by dzhiurgis
7 days ago
IIRC they are trying to pay off their debt since they are on a brink of default. They don't want to borrow anymore.
7 days ago
IIRC they are trying to pay off their debt since they are on a brink of default. They don't want to borrow anymore.
They are literally borrowing more right now. I believe at record levels. Billions per day.
The massive tax cuts Trump is trying to extend or introduce are much larger than the spending cuts proposed so far.
edit: Also the USA is nowhere near a default, unless congress chooses to not raise the ridiculous debt ceiling policy.