Debt Blame, Shame, Game

Posted On Oct 1, 2021 By Addison Wiggin

Tonight the Senate is set to vote on a continuing resolution — legislation that will authorize the government to keep spending money. But this truce between Democrats and Republicans doesn’t address where that money will come from. Thanks to the country’s huge budget deficit, Uncle Sam spends more than it brings in. So the government needs to borrow money to pay its bills. And the debt ceiling sets the maximum amount of cash the U.S. can take out on loan. The country is on pace to hit that limit in October, unless Congress acts. As we’ve mentioned before, first we’ll need to go through the political theater, where one party insists the other is being irresponsible.


Subscribe to Platinum Reserve Today!

From blue chips to penny stocks, income plays to growth opportunities, commodities to techs, ETFs to OTCs, bonds to options — the Agora Financial Platinum Reserve covers it all. You simply cannot find a more comprehensive source of investment analysis and recommendations.

Subscribe Today!