Comment by runako
2 days ago
> not actually helping pay down the debt spiral
Just to be clear about the new budget law. It does not attempt to reduce the deficit or debt at all. It sidesteps existing law to increase the deficit beyond what is actually allowed.
The rate of increase of the debt increased last Friday, even as we are told we can't afford things we could afford 10 years ago.
Put simply, we were doing a better job of managing our debts until last Friday when we decided that the national debt doesn't matter.
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