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World News@lemmy.worldEnglish · 1 month ago

The U.S. borrowed $50 billion a week for the past five months

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The U.S. borrowed $50 billion a week for the past five months

monica_b1998@lemmy.world to

World News@lemmy.worldEnglish · 1 month ago

cross-posted to:
[email protected]

The U.S. borrowed $50 billion a week for the past five months, finds the CBO: 'Our fiscal problems will not solve themselves' | Fortune

"We need policymakers to come together, agree to reduce deficits ... and put our national debt on a downward sustainable path as a share of the economy."

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1 month ago
Its less when you realize that the debt is mostly held by American investors.
- Taldan@lemmy.world
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  Makes me feel so much better knowing my hard-earned money is going to wealthy Americans /s
  
  The working class is who pays disproportionately high taxes. The wealthy are the ones holding large numbers of bonds

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