Here’s a shocker. A high government official – Jerome Powell – is trying to warn Congress that it is headed over a fiscal waterfall. “The US federal government’s on an unsustainable fiscal path,” the Federal Reserve chair said in a interview on American television. “The debt is growing faster than the economy.” Fiscal deficits over the past four years have totalled about $9trn, which has
Cap’n Biden’s trillions
Feb 16, 2024
2 minutes
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